LUKE Economydoctor
Reindeer Economy
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Key ratios, markdistricts
SAS Output Economydoctor. Reindeer Husbandry (luke.fi/economydoctor).Data: Luke Profitability bookkeeping results. December 7, 2022
____Financial  Ratios 2015_2016
Kuusamo_Pudasjärvi_Kainuu
Raudanjoki_Läntinen_Itäkemijoki Sodankylä_Keminkylä_Salla
Enontekiö_Pallastunturi_Kittilä Utsjoki_Inari
Average
Farms represented 100 150 220 170 200 860
Farms in sample 11<n<20 11<n<20 11<n<20 4<n<10 11<n<20 70<n<80
Reindeer 140 152 152 260 234 190
Entrepreneurial Profit -16 200 -14 700 -19 800 -14 000 -3 660 -10 900
        + Wages Claim 24 500 19 500 23 300 19 100 20 400 20 600
        + Interest Claim 2 330 2 030 2 390 3 650 3 730 2 970
Farm Net Income 10 500 6 830 5 780 8 720 20 400 12 600
Profitability Ratio 0,39 0,32 0,23 0,38 0,85 0,54
Farm Net Income 10 500 6 830 5 780 8 720 20 400 12 600
        - Interest Claim -2 330 -2 040 -2 390 -3 660 -3 740 -2 970
=Earnings 8 210 4 790 3 390 5 060 16 700 9 640
        Hours of family work 1 560 1 240 1 490 1 220 1 300 1 310
=Hourly earnings 5,2 3,8 2,3 4,1 12,8 7,3
Equity 66 100 58 700 61 400 99 100 100 800 78 200
        Total assets 67 000 63 200 66 400 105 400 113 300 86 700
Equity ratio 98,6 92,9 92,5 94,0 89,0 90,2
Net Result -13 900 -12 500 -17 200 -10 200 200 -7 750
        Total assets 66 600 63 100 65 200 103 200 112 000 85 800
Return on assets % -20,9 -20,0 -26,5 -10,0 0,2 -9,0


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