LUKE Economydoctor
Reindeer Economy
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Key ratios, markdistricts
SAS Output Economydoctor. Reindeer Husbandry (luke.fi/economydoctor).Data: Luke Profitability bookkeeping results. March 28, 2023
____Financial  Ratios 2016_2017
Kuusamo_Pudasjärvi_Kainuu
Raudanjoki_Läntinen_Itäkemijoki Sodankylä_Keminkylä_Salla
Enontekiö_Pallastunturi_Kittilä Utsjoki_Inari
Average
Farms represented 120 170 240 170 210 920
Farms in sample 11<n<20 11<n<20 11<n<20 4<n<10 11<n<20 70<n<80
Reindeer 133 151 158 334 244 192
Entrepreneurial Profit -3 960 -12 300 -21 800 -22 900 -730 -10 000
        + Wages Claim 19 200 19 300 24 900 22 600 19 400 20 800
        + Interest Claim 1 690 1 600 2 010 3 680 3 390 2 460
Farm Net Income 16 900 8 490 5 040 3 320 22 100 13 200
Profitability Ratio 0,81 0,41 0,19 0,13 0,97 0,57
Farm Net Income 16 900 8 490 5 040 3 320 22 100 13 200
        - Interest Claim -1 690 -1 600 -2 020 -3 690 -3 390 -2 460
=Earnings 15 200 6 890 3 030 -360 18 700 10 800
        Hours of family work 1 210 1 210 1 570 1 430 1 220 1 310
=Hourly earnings 12,5 5,7 1,9 -0,3 15,2 8,2
Equity 65 900 63 800 71 200 134 200 121 100 89 900
        Total assets 67 000 66 800 75 400 140 200 131 100 96 000
Equity ratio 98,3 95,4 94,4 95,7 92,4 93,6
Net Result -2 250 -10 700 -19 700 -19 100 2 790 -7 470
        Total assets 65 900 64 900 74 700 138 700 126 000 93 000
Return on assets % -3,4 -16,5 -26,4 -13,8 2,2 -8,0


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