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Table 1

Key numbers for the Danish fishing fleet, 2002 and 2012, nominal values1.

  Total Average per vessel


2002 2012 Change (%) 2002 2012 Change (%)
Number of active commercial vessels 1409 641 −55      
<18 m2 930 428 −54      
18–24 m 202 74 −63      
>24 m 189 65 −66      
Special fisheries 88 74 −16      
All active commercial vessels            
Days at sea 226 849 85 253 −62 161 133 −17
Turnover (DKK Million) 3738 2867 −23 2.653 4.472 +69
Profit (DKK Million) 104 276 +165 0.074 0.431 +482
Rate of return (% of fishing assets) 2.0 7.4 +270      
Full-time employment 3087 1023 −67 2.2 1.6 −27
Annual average income (DKK) 371 000 418 000 +13      
Active commercial vessels below 18 m            
Days at sea 130 899 53 265 −59 141 124 −12
Turnover (DKK Million) 978 625 −36 1.1 1.5 +39
Profit (DKK Million) −135 −64 +53 −0.145 −0.150 −3
Rate of return (% of fishing assets) −11.7 −7.5 +36      
Full-time employment 1326 490 −63 1.4 1.1 −20

Note: 1. The number of vessels includes all vessels registered in Denmark. All other numbers are only for active commercial vessels, with an active commercial vessel in 2012 having an annual turnover of more than DKK 250,000, with this limit being corrected for inflation. Special fisheries include vessels specialized in mussels and horse shrimp. Profit is after interest and remuneration to working owners but before taxes. Rate of return is profit in percentage of assets, excluding the value of fishing rights. FT employment is the number of working days on commercial active vessels divided by 220 days per person. Annual income is known from tax authorities and includes the full income (fishing and other income) of fishermen employed on a Danish fishing vessel for whom more than 60% of their total income comes from fishing.

2. In the published Account Statistics for Fishery, the 18-m length reported is used as the statistical limit between vessel groups. In the empirical analysis performed below, however, 17 m is used as the limit because legally, only vessels below 17 m can participate in the voluntary coastal fishermen arrangement.

Sources: The Danish AgriFish Agency, Yearbook of Fishery Statistics, Statistics Denmark, Account Statistics for Fisheries and special data extraction of tax authorities' registrations of individual persons taxable income employed at Danish fishing vessels. Data are specifically extracted for this article by merging the income statistics of Statistics Denmark with the vessel and landing statistics of the Danish Agri-Fish Agency.

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