Profitability in fishing and fish processing 2005-2006


  • Statistical Series
  • 20. May 2008
  • Vol 93, Issue 36
  • ISSN: 1670-4541


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Statistics Iceland has analyzed the income statements of fishing and fish processing companies for 2005–2006 as well as their balance sheets. According to the aggregated balance sheet, the net worth of the fishing industry was 97 billion ISK in the end of 2006 and had decreased by 8% from 2005. The total asset was 387 billion ISK in the end of 2006 and the total liabilities 290 billion ISK, and had increased by 9% and 16% from 2005, respectively. This can be compared with 16% increase in net worth between 2005 and 2004. Corrected issue 23 May 2008.

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