Accounting, payroll and consulting for the fishing industry

The fishing industry is an industry that processes fish caught in the sea into both human food and feed for aquaculture, agriculture and pet food. It is important that the whole fish is used, and we have several customers who collaborate on this.

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Challenges in the industry

Seasonal variations: Production and revenue fluctuate throughout the year, requiring flexible staffing and inventory management.
Landing of fish around the clock: Requires staffing and operations outside normal working hours.
Variable working hours: Unpredictable shifts require flexible solutions and good human resources.
Narrow margins: Accurate financial management and cost control are essential.
Regulations: Strict requirements demand routines and documentation.
Logistics: Transportation of fresh fish requires timing, temperature control and efficient coordination.
International market: Exports and global prices affect strategic choices and profitability.

To manage challenges such as seasonality, round-the-clock fish landings and complex regulations, the fishing industry needs a partner who can ensure financial control and efficient operations - Aider can help.

Aider can assist with

- We handle the entire accounting process for the fishing industry, from bookkeeping and reconciliation to annual accounts and tax returns.
  
  Our experience of the industry means we understand the particular challenges associated with seasonal fluctuations, inventory management and exports, and can ensure that your accounts always provide an accurate and up-to-date picture of your business.
- Our Payroll and HR team handles all aspects of payroll and HR administration, including salary calculation, payment, reporting to authorities and managing leave and absence.
  
  We also offer advice on employment law, contracts and HR strategy, so your business can focus on production and growth.
- We create customized reports that give management a clear and operational picture of the economy.
  
  This includes analysis of production costs, profitability per product line, seasonal variations and liquidity, so that decisions can be made quickly and on a sound basis.
- We assist with control and follow-up of production data, including quantities and prices, to ensure correct registration and reporting.
  
  This helps to reduce wastage, ensure correct invoicing and optimize production profitability.
- We act as a strategic sparring partner for management, advising on finance, investments, cost control and operational efficiency.
  
  With our industry knowledge, we can contribute to better decisions and a more robust and profitable business.

Aider Fosnavåg has worked with this industry since 1992

2 of our customers:

Fosnavaag Pelagic AS , which produces mackerel, herring, saithe capelin and capelin roe. Purse seine boats/trawlers deliver fresh fish for production and freezing in 10 and 20 cartons.

Triplenine Vedde AS produces fish oil and fishmeal. They focus on producing high quality fishmeal and fish oil with a high content of digestible proteins, healthy omega-3 fatty acids, phospholipids and essential vitamins and minerals.

Accounting, payroll and consulting for the fishing industry

Challenges in the industry

Aider can assist with

Aider Fosnavåg has worked with this industry since 1992

Want to have a chat with us?

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