Short-Term Financial Analysis to Measure the Feasibility of Denish Seine Net Business in Brondong Nusantara Fishing Port, Indonesia

Et Al., Wulandari

doi:10.21608/ejabf.2025.442575

Short-Term Financial Analysis to Measure the Feasibility of Denish Seine Net Business in Brondong Nusantara Fishing Port, Indonesia

Author

Wulandari et al.

10.21608/ejabf.2025.442575

Abstract

The Danish seine net fishing business in Indonesia remains a subject of debate, facing both support and opposition. Various speculations and regulatory pressures have urged cantrang (a local term for Danish seine net) fishermen to cease operations. However, the government has a responsibility to uphold human rights and ensure the welfare of fishermen. As a result, there has been some regulatory relaxation in recent years. In Brondong, a key fishing hub, many Danish seine net fishermen continue to operate. The area is considered one of the largest trawl fishery bases in Indonesia. This research aimed to assess the business feasibility of the Danish seine net, which is regarded as a highly productive fishing method. Data were collected through surveys and interviews and analyzed using short-term financial analysis. The results show that the Danish seine net is a high-productivity fishing gear. The dominant species caught are demersal fish such as Priacanthus tayenus, Loligo sp., Nemipterus nematophorus, and Upeneus sulphureus. Financial analysis indicates that the Danish seine net is a viable business. For daily and weekly operations, the R/C (Revenue/Cost) ratio is 6.24 and 3.17 respectively. The Break-Even Point (BEP) for production is 211 and 2,154kg, while rentability is 15.81 and 7.32%.

Keywords