LUKE Economydoctor
Reindeer Economy
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Key ratios, samiarea
SAS Output Economydoctor. Reindeer Husbandry (luke.fi/economydoctor).Data: Luke Profitability bookkeeping results. March 31, 2023
____Financial  Ratios 2013_2014
Other_reindeer_husbandry_area Other northern_area
Samiarea
Average
Farms represented 380 200 330 910
Farms in sample 40<n<50 4<n<10 11<n<20 70<n<80
Reindeer 141 216 241 193
Entrepreneurial Profit -16 900 -17 400 -19 100 -17 800
        + Wages Claim 21 600 22 100 24 200 22 600
        + Interest Claim 2 730 3 740 4 060 3 430
Farm Net Income 7 330 8 390 9 160 8 230
Profitability Ratio 0,30 0,33 0,32 0,32
Farm Net Income 7 330 8 390 9 160 8 230
        - Interest Claim -2 730 -3 740 -4 070 -3 440
=Earnings 4 590 4 650 5 090 4 790
        Hours of family work 1 440 1 480 1 620 1 510
=Hourly earnings 3,2 3,1 3,1 3,2
Equity 58 000 78 400 83 800 71 800
        Total assets 60 400 87 600 104 300 82 200
Equity ratio 96,1 89,5 80,4 87,3
Net Result -14 100 -13 400 -14 700 -14 200
        Total assets 57 100 85 100 97 500 77 800
Return on assets % -24,8 -15,9 -15,1 -18,3


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