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Reindeer Economy
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Key ratios, markdistricts
SAS Output Economydoctor. Reindeer Husbandry (luke.fi/economydoctor).Data: Luke Profitability bookkeeping results. September 23, 2023
____Financial  Ratios 2010_2011
Kuusamo_Pudasjärvi_Kainuu
Raudanjoki_Läntinen_Itäkemijoki Sodankylä_Keminkylä_Salla
Enontekiö_Pallastunturi_Kittilä Utsjoki_Inari
Average
Farms represented 120 190 250 190 230 980
Farms in sample 11<n<20 11<n<20 11<n<20 4<n<10 11<n<20 70<n<80
Reindeer 137 137 184 294 224 183
Entrepreneurial Profit -17 400 -19 500 -18 100 -11 900 -3 470 -13 200
        + Wages Claim 22 200 20 100 20 400 15 600 16 900 18 400
        + Interest Claim 2 480 2 350 2 530 4 910 3 150 2 940
Farm Net Income 7 280 2 950 4 780 8 540 16 500 8 150
Profitability Ratio 0,30 0,13 0,21 0,42 0,83 0,38
Farm Net Income 7 280 2 950 4 780 8 540 16 500 8 150
        - Interest Claim -2 480 -2 360 -2 540 -4 920 -3 160 -2 950
=Earnings 4 800 590 2 240 3 630 13 400 5 200
        Hours of family work 1 580 1 430 1 450 1 110 1 200 1 310
=Hourly earnings 3,0 0,4 1,5 3,3 11,1 4,0
Equity 49 900 46 900 51 900 100 300 64 900 60 300
        Total assets 50 900 48 900 63 500 101 700 80 200 66 700
Equity ratio 98,1 96,1 81,6 98,6 80,9 90,4
Net Result -14 800 -17 000 -15 100 -6 960 60 -10 000
        Total assets 51 000 49 700 64 000 99 900 80 700 66 400
Return on assets % -29,2 -34,3 -23,7 -7,0 0,2 -15,1

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