Statistics Iceland has analyzed the operating accounts of freezer trawlers for 2011. Freezer trawlers are either pelagic freezer trawlers or demersal freezer trawlers. EBITDA of pelagic freezer trawlers was 35.7% and 25.4% for demersal trawlers.
The net profit of pelagic freezer trawlers was 27.4% and of demersal freezer trawlers 18.9% (according to the annuity approach and 6% rate of return). Traditional approach show that the net profit of pelagic freezer trawlers are 26.8% but 14.4% of demersal freezer trawlers.
On 20 December 2012 Statistics Iceland published data on profitability in fishing and fish processing in 2011. This is an addition to that publication. Updated tables can be found on the web site.
Statistics