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Financial Performance of the Danish Organic Trout Aquaculture1

Ankamah-Yeboah, Isacc; Nielsen, Max and Nielsen, Rasmus (2017) Financial Performance of the Danish Organic Trout Aquaculture1. [Finansielle resultater for Danske akvakulturproducenter af Økologisk Ørred.] JEL, 1, pp. 1-6. [Submitted]

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Summary in the original language of the document

In this study, we compare the economic performance of organic trout farms to conventional trout and organic agricultural farms. Farm account statistics from Statistic Denmark using financial performance indicators like the degree of profitability and farm solvency ratio shows an impressive organic trout sector. Though organic trout farms could not generate enough income from farm assets in 2010 and 2011, they picked up in 2012. Generally, organic trout farms tend to be equal or better in generating income per unit value of assets and have higher solvency ratios, indicating lower probability of default than alternative conventional trout farms and organic agricultural farms. An average organic trout farm was able to generate incomes of 8% per unit value of assets and a solvency rate of 28% for 2012, a value that economically outperforms other comparable farm units.


Summary translation

I denne undersøgelse sammenligner vi økonomiske resultater af økologiske ørreddambrug med konventionelle ørreddambrug og økologiske landbrugsbedrifter. Regnskabsstatistikken på bedriftsniveau fra Statistik Danmark som anvender finansielle indikatorer som graden af rentabilitet og bedrift solvensprocent viser imponerende resultater for den økologiske ørred produktion. Selvom økologiske dambrug ikke kunne generere nok indtægter fra aktiverne i 2010 og 2011, indhentes dette i 2012. Generelt er økologiske dambrug lige så gode eller bedre til at generere indkomst i forhold til aktivernes værdi og har højere solvensnøgletal, hvilket indikerer lavere sandsynlighed for misligholdelse af finansielle forpligtigelser end konventionelle dambrug og økologiske landbrugsbedrifter. Et gennemsnitligt økologisk dambrug var i stand til at generere indtægter svarende til 8 % af aktivernes værdi og havde en soliditet på 28 % i 2012, hvilket økonomisk set udkonkurrerer konventionelle ørreddambrug og økologiske landbrugsbedrifter.

EPrint Type:Journal paper
Keywords:Financial, performance, organic trout, aquaculture
Subjects: Farming Systems > Farm economics
Research affiliation: Denmark > Organic RDD 2 > RobustFish
Deposited By: Jokumsen, Senior Advisory Scientist Alfred
ID Code:31427
Deposited On:21 Apr 2017 11:44
Last Modified:21 Apr 2017 11:44
Document Language:English
Status:Submitted
Refereed:Submitted for peer-review but not yet accepted

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