TINE SA

0950 OSLO

Finances

Return on Equity

11,49 %

Current Ratio

1,11

Debt-to-Equity Ratio

0,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 555 482 000	19 273 781 000	19 460 435 000	18 818 968 000
Net Income	1 067 549 000	1 597 213 000	1 590 608 000	972 281 000
Total Assets	18 359 956 000	18 868 499 000	18 834 140 000	17 515 899 000
Total Equity	9 290 939 000	9 071 492 000	8 835 503 000	8 310 668 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 555 482 000	19 273 781 000	19 460 435 000	18 818 968 000
Expenditure	18 397 457 000	17 676 996 000	17 608 181 000	17 682 857 000
Operating Profit	1 158 025 000	1 596 785 000	1 852 254 000	1 136 111 000
Financial Income	−60 784 000	164 061 000	155 243 000	140 588 000
Financial Costs	0	102 653 000	277 847 000	194 213 000
Financial Balance	−60 784 000	61 408 000	−122 604 000	−53 625 000
Earnings Before Tax	1 097 241 000	1 658 193 000	1 729 650 000	1 082 487 000
Tax	29 692 000	60 980 000	139 042 000	110 205 000
Net Income	1 067 549 000	1 597 213 000	1 590 608 000	972 281 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 654 973 000	12 901 533 000	13 211 719 000	12 994 911 000
Total Current Assets	5 704 983 000	5 966 966 000	5 622 421 000	4 520 987 000
Total Assets	18 359 956 000	18 868 499 000	18 834 140 000	17 515 899 000
Total Retained Equity	9 286 044 000	9 066 452 000	8 830 315 000	8 305 265 000
Total Equity	9 290 939 000	9 071 492 000	8 835 503 000	8 310 668 000
Total Long-Term Debt	3 923 370 000	4 451 155 000	5 491 230 000	5 381 932 000
Total Current Debt	5 145 647 000	5 345 852 000	4 507 406 000	3 823 298 000
Total Equity and Debt	18 359 956 000	18 868 499 000	18 834 140 000	17 515 899 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 896 916 000	18 645 283 000	18 569 586 000	18 135 659 000
Other Income	658 566 000	628 498 000	890 849 000	683 309 000
Revenue	19 555 482 000	19 273 781 000	19 460 435 000	18 818 968 000
Cost of Goods Sold	10 650 835 000	10 651 918 000	10 696 852 000	10 460 783 000
Salary Costs	3 398 092 000	3 297 670 000	3 292 618 000	3 328 727 000
Depreciation	1 072 903 000	1 064 094 000	1 020 807 000	994 008 000
Impairment	90 893 000	40 424 000	93 208 000	14 114 000
Expenditure	18 397 457 000	17 676 996 000	17 608 181 000	17 682 857 000
Operating Profit	1 158 025 000	1 596 785 000	1 852 254 000	1 136 111 000
Financial Income	−60 784 000	164 061 000	155 243 000	140 588 000
Financial Costs	0	102 653 000	277 847 000	194 213 000
Financial Balance	−60 784 000	61 408 000	−122 604 000	−53 625 000
Dividends	0	0	0	0
Net Income	1 067 549 000	1 597 213 000	1 590 608 000	972 281 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	327 186 000	337 955 000	127 673 000	12 749 000
Real Eastate	3 596 301 000	3 766 370 000	2 867 168 000	2 813 044 000
Machinery and Plant Facilities	3 725 091 000	3 870 660 000	3 264 838 000	3 379 403 000
Fixtures	0	0	1 927 393 000	1 995 165 000
Total Tangible Assets	7 321 392 000	7 637 030 000	8 059 398 000	8 187 612 000
Total Fiancial Fixed Assets	5 006 395 000	4 926 548 000	5 024 649 000	4 794 551 000
Total Fixed Assets	12 654 973 000	12 901 533 000	13 211 719 000	12 994 911 000
Stock	2 377 730 000	2 150 482 000	1 790 398 000	1 804 837 000
Total Investments	0	0	0	0
Cash, Bank	556 725 000	1 384 645 000	1 559 424 000	594 063 000
Total Current Assets	5 704 983 000	5 966 966 000	5 622 421 000	4 520 987 000
Total Assets	18 359 956 000	18 868 499 000	18 834 140 000	17 515 899 000
Total Equity	9 290 939 000	9 071 492 000	8 835 503 000	8 310 668 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 923 370 000	4 451 155 000	5 491 230 000	5 381 932 000
Creditors	2 328 290 000	2 212 356 000	2 048 715 000	1 908 869 000
Unpaid Taxes	179 037 000	173 613 000	167 765 000	174 966 000
Dividends	0	0	0	0
Other Current Debt	2 556 538 000	2 863 521 000	2 184 185 000	1 632 396 000
Total Current Debt	5 145 647 000	5 345 852 000	4 507 406 000	3 823 298 000
Total Equity and Debt	18 359 956 000	18 868 499 000	18 834 140 000	17 515 899 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,49 %	17,61 %	18 %	11,7 %
Debt-to-Equity Ratio	0,42	0,49	0,62	0,65
Operating Profit Margin	5,92 %	8,28 %	9,52 %	6,04 %
Current Ratio	1,11	1,12	1,25	1,18
Quick Ratio	2,06	1,87	2,07	2,24
Equity Ratio	0,51	0,48	0,47	0,47
Gross Profit Margin	45,54 %	44,73 %	45,03 %	44,41 %