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Reindeer Economy
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Key ratios, samiarea
SAS Output Economydoctor. Reindeer Husbandry (luke.fi/economydoctor).Data: Luke Profitability bookkeeping results. December 5, 2022
____Financial  Ratios 2019_2020
Other_reindeer_husbandry_area Other northern_area
Samiarea
Average
Farms represented 400 180 320 900
Farms in sample 40<n<50 11<n<20 11<n<20 70<n<80
Reindeer 147 239 249 202
Entrepreneurial Profit -12 400 -13 900 -4 320 -9 890
        + Wages Claim 20 400 17 400 18 600 19 200
        + Interest Claim 1 970 3 280 2 930 2 570
Farm Net Income 10 000 6 750 17 400 11 900
Profitability Ratio 0,44 0,33 0,81 0,55
Farm Net Income 10 000 6 750 17 400 11 900
        - Interest Claim -1 970 -3 280 -2 930 -2 570
=Earnings 7 990 3 470 14 200 9 260
        Hours of family work 1 270 1 080 1 150 1 190
=Hourly earnings 6,3 3,2 12,3 7,7
Equity 72 200 105 500 107 000 91 200
        Total assets 73 900 116 000 129 500 101 900
Equity ratio 97,7 91,0 82,9 89,6
Net Result -10 400 -10 200 -770 -7 000
        Total assets 72 100 111 200 124 800 98 500
Return on assets % -14,5 -9,2 -0,4 -7,0


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