Profitability in fishing and fish processing 2011


  • Statistical Series
  • 20. December 2012
  • Vol 97, Issue 42
  • ISSN: 1670-4541


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Statistics Iceland has analyzed the operating accounts of fishing and fish processing companies for 2011 as well as their balance sheets. The net profit of fishing and fish processing total increased somewhat between 2010 and 2011 or from 19.8% to 22.6% (according to the annuity approach and 6% rate of return). Net profit of fishing and fish processing of demersal species increased from the year before or from 21.5% of revenue to 24.5%. Aggregated balance sheet of fishing and fish processing shows that the total worth of assets of the fisheries are ISK 547 billion, liabilities are worth of ISK 443 billion and equity ISK 105 billion.

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