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Reindeer Economy
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Key ratios, samiarea
SAS Output Economydoctor. Reindeer Husbandry (luke.fi/economydoctor).Data: Luke Profitability bookkeeping results. December 3, 2023
____Financial  Ratios 2009_2010
Other_reindeer_husbandry_area Other northern_area
Samiarea
Average
Farms represented 420 200 360 970
Farms in sample 40<n<50 11<n<20 11<n<20 70<n<80
Reindeer 131 201 208 174
Entrepreneurial Profit -18 300 -14 600 -14 200 -16 100
        + Wages Claim 19 300 18 300 21 300 19 800
        + Interest Claim 2 220 2 730 3 200 2 680
Farm Net Income 3 090 6 370 10 200 6 380
Profitability Ratio 0,14 0,30 0,42 0,28
Farm Net Income 3 090 6 370 10 200 6 380
        - Interest Claim -2 230 -2 730 -3 200 -2 690
=Earnings 860 3 640 7 030 3 690
        Hours of family work 1 420 1 350 1 570 1 460
=Hourly earnings 0,6 2,7 4,5 2,5
Equity 44 600 55 800 66 500 54 900
        Total assets 47 300 69 300 78 500 63 300
Equity ratio 94,2 80,5 84,7 86,8
Net Result -16 000 -11 400 -10 400 -13 000
        Total assets 47 800 69 000 76 100 62 500
Return on assets % -33,6 -16,6 -13,8 -20,9

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