LUKE Economydoctor
Reindeer Economy
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Key ratios by size classes
SAS Output Economydoctor. Reindeer Husbandry (luke.fi/economydoctor).Data: Luke Profitability bookkeeping results. March 31, 2023
____Financial  Ratios 2017_2018
Very_large Large Rather_large Average_size Rather_small Average
Farms represented 190 90 290 150 190 900
Farms in sample 20<n<30 4<n<10 11<n<20 4<n<10 4<n<10 70<n<80
Reindeer 431 206 154 114 90 197
Entrepreneurial Profit 1 740 -22 300 -18 100 -15 800 -17 000 -13 800
        + Wages Claim 25 900 17 800 21 000 19 300 14 600 20 100
        + Interest Claim 6 140 2 550 2 380 1 580 1 200 2 800
Farm Net Income 33 700 -2 000 5 200 5 070 -1 320 9 080
Profitability Ratio 1,05 -0,10 0,22 0,24 -0,08 0,40
Farm Net Income 33 700 -2 000 5 200 5 070 -1 320 9 080
        - Interest Claim -6 150 -2 550 -2 380 -1 580 -1 200 -2 810
=Earnings 27 600 -4 550 2 810 3 480 -2 520 6 270
        Hours of family work 1 640 1 130 1 330 1 220 920 1 270
=Hourly earnings 16,8 -4,0 2,1 2,8 -2,7 4,9
Equity 182 700 83 500 75 700 60 300 44 100 89 700
        Total assets 204 500 91 500 79 500 62 000 45 300 96 800
Equity ratio 89,3 91,3 95,2 97,2 97,4 92,7
Net Result 8 180 -19 600 -15 600 -14 200 -15 800 -10 800
        Total assets 200 600 93 900 78 500 58 400 44 900 95 200
Return on assets % 4,1 -20,9 -20,0 -24,4 -35,3 -11,4


Service Production: Luke, Natural Resources Institute Finland | www.luke.fi/en/