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TINE SA

TINE SA947 942 638

Dairy
Co-operative
Bedriftsveien 7 0950 OSLO, Norge
Industry and manufacturing
/ Dairy
/ 10.510 Operation of dairies and cheese making

TINE SA

Operating
Her kan du finne oppskrifter, lese om produktene våre eller se reklamefilmene. Du kan også lese om TINEs virksomhet eller kontakte oss om du ønsker det.
Å drive en effektiv, kvalitets- og markedsrettet næringsmiddelvirksomhet på samvirkemessig basis. TINE skal arbeide for at eierne får best mulig økonomisk resultat av sin melkeproduksjon, og i tillegg ivareta eiernes øvrige felles interesser. TINE kan også drive import og eksport av produkter. TINE kan ved innskudd eller på annen måte delta i annen virksomhet.
Produksjon av meierivarer.

Keywords

productionmilk pasteurizedsterilizedhomogenizedultra-heat treatedmilk-based beveragescreamdriedconcentratedbutteryogurtcheese and curdswheycaseinlactose

Links

Organization

CEO
AN

Ann-Beth Nina Johannesen Freuchen1971

Chairman of the board
RØ

Rolf Øyvind Thune1973

Years since formation
30 years
since Feb 19, 1995
Type
Co-operative
VAT registered
Yes
Number of employees
4653

Financials

Total operating income 2024
22,642,155,000
NOK
Annual total result 2024
1,644,993,000
NOK
Total equity 2024
9,733,609,000
NOK
Last update: Oct 15, 2025

Management

Management / administration

NameRoleShares
AN

Ann-Beth Nina Johannesen Freuchen

1971

Managing Director/CEO-

Board

NameRoleShares
AP

Asgeir Pollestad

1974

Board Member-
EJ

Elin Johanne Husby Aarvik

1967

Board Member-
TA

Tor Arne Johansen

1973

Board Member-
JE

Jeffrey Elliott Thomas

1962

Board Member-
AB

Anne Berit Løset

1969

Board Member-
DH

Dag-Rune Herting

1974

Alternate Member-
HM

Hans Mathias Ulberg

1979

Alternate Member-
KI

Kurt Ivan Haukeland

1963

Alternate Member-
RØ

Rolf Øyvind Thune

1973

Chairman-
HO

Hans Olav Hallan Minsås

1982

Board Member-
IH

Ingunn Helene Skauen Ruud

1988

Board Member-
KI

Kåre Ivar Stormoen

1969

Alternate Member-
LT

Lizz Trine Hegdal Amoroso

1977

Alternate Member-
AS

Anne Saltrø Polden

1975

Board Member-
AS

Arthur Salte

1973

Deputy Chair-
LK

Lise Kaldahl Skreddernes

1968

Board Member-
KP

Kjell Paulen

1978

Alternate Member-
CS

Camilla Strøm Johansen

1986

Alternate Member-

Others

NameRoleShares
E
ERNST & YOUNG AS
Auditor-
Last update: May 14, 2025

Ownership

Shares owned by the TINE SA

NameShare classTotal number of sharesShare
K
KUKRAFT AS
Ordinary shares
25,000
100 %
G
GVN 16 AS
Ordinary shares
100
100 %
N
NÆRINGSMIDDELPRODUKSJON AS
Ordinary shares
800
100 %
D
DIPLOM-IS AS
Ordinary shares
26,720
100 %
M
MIMIRO HOLDING AS
Ordinary shares
1,311,111
56.58 %
F
FJORDLAND AS
Ordinary shares
17,890
51.11 %
O
OPPLYSNINGSKONTORET FOR MELK OG MEIERIPRODUKTER (MELK) AS
Ordinary shares
50
50 %
F
FJORDKJØKKEN AS
Ordinary shares
6,100
23.46 %
A
AGRIKJØP AS
Ordinary shares
4,200
21 %
B
BUNES FRYSELAGER AS
Ordinary shares
95
19 %
T
TRØNDERSK LANDBRUK AS
Ordinary shares
6,600
18.86 %
O
OI! TRØNDERSK MAT OG DRIKKE AS
Ordinary shares
40
8.7 %
T
TEAL AS
Ordinary shares
10
0.45 %
K
KRISTIANSUND OG NORDMØRE NÆRINGSFORENING AS
Ordinary shares
425
0.29 %
D
DRIV KARRIERE HOLDING AS
Ordinary shares
5
0.2 %
Last update: Jun 2, 2025

Group structure

  • TINE SA
    Total operating income 2024: NOK 22,642,155,000
    Operating profit 2024: NOK 1,908,110,000
    Employees: 4653

Financials

in NOK

Summary

Year2024202320222021
Total operating income
22,642,155,000
20,869,585,000
19,555,482,000
19,273,781,000
Annual Total Result
1,644,993,000
1,256,894,000
1,067,549,000
1,597,213,000
Total assets
18,835,697,000
18,866,574,000
18,359,956,000
18,868,499,000
Total liabilities
9,102,088,000
9,354,030,000
9,069,017,000
9,797,007,000
Total equity
9,733,609,000
9,512,544,000
9,290,939,000
9,071,492,000

P&L

Year2024202320222021
Total operating income
22,642,155,000
20,869,585,000
19,555,482,000
19,273,781,000
Total operating costs
20,734,045,000
19,443,847,000
18,397,457,000
17,676,996,000
Operating result
1,908,110,000
1,425,738,000
1,158,025,000
1,596,785,000
Financial income/costs
-105,767,000
-58,471,000
-60,784,000
61,408,000
Profit before tax
1,802,343,000
1,367,267,000
1,097,241,000
1,658,193,000
Total tax & extraordinary income/cost
157,350,000
110,373,000
29,692,000
60,980,000
Annual Total Result
1,644,993,000
1,256,894,000
1,067,549,000
1,597,213,000

Balance overview

Year2024202320222021
Total fixed assets
12,025,892,000
12,236,691,000
12,654,973,000
12,901,533,000
Total current assets
6,809,805,000
6,629,883,000
5,704,983,000
5,966,966,000
Total assets
18,835,697,000
18,866,574,000
18,359,956,000
18,868,499,000
Short term debt
5,875,703,000
6,010,900,000
5,145,647,000
5,345,852,000
Long term debt
3,226,385,000
3,343,130,000
3,923,370,000
4,451,155,000
Total liabilities
9,102,088,000
9,354,030,000
9,069,017,000
9,797,007,000
Contributed capital
4,643,000
4,754,000
4,895,000
5,040,000
Retained earnings
9,728,966,000
9,507,790,000
9,286,044,000
9,066,452,000
Total equity
9,733,609,000
9,512,544,000
9,290,939,000
9,071,492,000
Total equity and liabilities
18,835,697,000
18,866,574,000
18,359,956,000
18,868,499,000

Classification

21st company classification
BETA
Industrial mother company
Category
Type of organization
Co-operative
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises
Standard industrial classification
C
Main industrial area
Manufacturing
10
Activity
Manufacture of food products
10.5
Main industrial group
Manufacture of dairy products
10.51
Industrial group
Operation of dairies and cheese making
10.510
Industrial group
Operation of dairies and cheese making