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 2013_2014
Other_reindeer husbandry_area Reindeer husbandry_area
Average
Farms represented 380 530 910
Farms in sample 40<n<50 20<n<30 70<n<80
Reindeer 141 222 193
Entrepreneurial Profit -16 900 -18 200 -17 800
        + Wages Claim 21 600 22 800 22 600
        + Interest Claim 2 730 3 910 3 430
Farm Net Income 7 330 8 380 8 230
Profitability Ratio 0,30 0,31 0,32
Farm Net Income 7 330 8 380 8 230
        - Interest Claim -2 730 -3 910 -3 440
=Earnings 4 590 4 470 4 790
        Hours of family work 1 440 1 520 1 510
=Hourly earnings 3,2 2,9 3,2
Equity 58 000 81 000 71 800
        Total assets 60 400 94 100 82 200
Equity ratio 96,1 86,0 87,3
Net Result -14 100 -14 100 -14 200
        Total assets 57 100 89 400 77 800
Return on assets % -24,8 -15,9 -18,3


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