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LUKE Economydoctor
Reindeer Economy

The Economidoctor can be found on the renewed Economydoctor website (published 2024-04-22)
To the new Economydoctor website (taloustohtori.luke.fi/en/)

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Key ratios, samiarea
SAS Output Economydoctor. Reindeer Husbandry (luke.fi/economydoctor).Data: Luke Profitability bookkeeping results. May 21, 2024
        Financial  Ratios         2018-2019
Other-reindeer-husbandry-area Other northern-area
Samiarea
Average
Farms represented 400 180 310 880
Farms in sample 40<n<50 11<n<20 11<n<20 70<n<80
Reindeer 153 226 245 199
Entrepreneurial Profit -16 600 -15 900 -14 400 -15 700
        + Wages Claim 21 000 19 100 19 900 20 300
        + Interest Claim 1 880 3 090 2 990 2 510
Farm Net Income 6 240 6 270 8 450 7 020
Profitability Ratio 0,27 0,28 0,37 0,31
Farm Net Income 6 240 6 270 8 450 7 020
        - Interest Claim -1 890 -3 090 -3 000 -2 520
=Earnings 4 360 3 180 5 450 4 500
        Hours of family work 1 310 1 190 1 240 1 260
=Hourly earnings 3,3 2,7 4,4 3,6
Equity 69 300 94 700 96 800 84 000
        Total assets 71 600 106 400 119 800 95 400
Equity ratio 96,8 89,0 80,9 88,1
Net Result -14 700 -12 400 -11 100 -13 000
        Total assets 72 000 105 600 124 200 97 000
Return on assets % -20,5 -11,8 -8,9 -13,4

9652088

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