LUKE Economydoctor
Reindeer Economy
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Key ratios, reindeer husbandry areas
SAS Output Economydoctor. Reindeer Husbandry (luke.fi/economydoctor).Data: Luke Profitability bookkeeping results. December 5, 2022
____Financial  Ratios 2011_2012
Other_reindeer husbandry_area Reindeer husbandry_area
Average
Farms represented 410 540 960
Farms in sample 40<n<50 20<n<30 70<n<80
Reindeer 136 208 174
Entrepreneurial Profit -17 800 -12 200 -14 500
        + Wages Claim 20 900 16 500 18 300
        + Interest Claim 2 330 3 390 2 900
Farm Net Income 5 380 7 630 6 660
Profitability Ratio 0,23 0,38 0,31
Farm Net Income 5 380 7 630 6 660
        - Interest Claim -2 340 -3 400 -2 910
=Earnings 3 040 4 240 3 750
        Hours of family work 1 480 1 160 1 300
=Hourly earnings 2,0 3,6 2,9
Equity 47 700 68 900 59 200
        Total assets 49 800 76 500 64 400
Equity ratio 95,7 90,0 91,8
Net Result -15 400 -8 510 -11 400
        Total assets 48 600 76 000 63 500
Return on assets % -31,9 -11,2 -18,0


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