The most recently filed financial accounts filed by Pickenpack Holding Germany paint a dismal picture for the frozen fish processor, giving away the first indications to the factors that later led to the filing for bankruptcy in early December 2015.
The Luneburg-headquartered company reported a loss of €25.8 million ($28.8 million) in the year ended Dec. 30, 2014, down from a consolidated net loss of €27.4 million ($30.6 million) in 2013, the accounts showed.
Turnover between the two years grew 47.7 percent from €174.4
