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. March 28, 2023
____Financial  Ratios 2016_2017
Other_reindeer husbandry_area Reindeer husbandry_area
Average
Farms represented 390 520 920
Farms in sample 40<n<50 20<n<30 70<n<80
Reindeer 148 224 192
Entrepreneurial Profit -11 500 -8 560 -10 000
        + Wages Claim 21 000 19 700 20 800
        + Interest Claim 1 710 2 950 2 460
Farm Net Income 11 200 14 100 13 200
Profitability Ratio 0,49 0,62 0,57
Farm Net Income 11 200 14 100 13 200
        - Interest Claim -1 720 -2 960 -2 460
=Earnings 9 500 11 100 10 800
        Hours of family work 1 330 1 240 1 310
=Hourly earnings 7,1 8,9 8,2
Equity 66 800 104 700 89 900
        Total assets 69 000 113 300 96 000
Equity ratio 96,7 92,3 93,6
Net Result -9 770 -5 430 -7 470
        Total assets 67 500 109 900 93 000
Return on assets % -14,5 -4,9 -8,0


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