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. December 5, 2022
____Financial  Ratios 2017_2018
Other_reindeer husbandry_area Reindeer husbandry_area
Average
Farms represented 390 510 900
Farms in sample 40<n<50 20<n<30 70<n<80
Reindeer 151 221 197
Entrepreneurial Profit -12 500 -14 800 -13 800
        + Wages Claim 20 300 17 800 20 100
        + Interest Claim 1 810 3 240 2 800
Farm Net Income 9 570 6 280 9 080
Profitability Ratio 0,43 0,30 0,40
Farm Net Income 9 570 6 280 9 080
        - Interest Claim -1 810 -3 240 -2 810
=Earnings 7 760 3 030 6 270
        Hours of family work 1 290 1 130 1 270
=Hourly earnings 6,0 2,7 4,9
Equity 69 800 98 800 89 700
        Total assets 71 500 108 300 96 800
Equity ratio 97,5 91,2 92,7
Net Result -10 700 -11 400 -10 800
        Total assets 70 600 107 300 95 200
Return on assets % -15,2 -10,6 -11,4


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