INTERNATIONAL RESOURCE DEVELOPMENT AS

1555 SON

Finances

Return on Equity

−6,56 %

Current Ratio

7,19

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	207 000	120 000	253 000	164 000
Net Income	−950 000	−1 023 000	−805 000	−758 000
Total Assets	17 185 000	18 531 000	18 427 000	20 726 000
Total Equity	14 490 000	16 439 000	17 762 000	18 967 000

Income (NOK)	2022	2021	2020	2019
Revenue	207 000	120 000	253 000	164 000
Expenditure	1 054 000	1 295 000	1 342 000	1 425 000
Operating Profit	−847 000	−1 174 000	−1 089 000	−1 260 000
Financial Income	115 000	272 000	305 000	550 000
Financial Costs	217 000	121 000	21 000	48 000
Financial Balance	−102 000	151 000	284 000	502 000
Earnings Before Tax	−950 000	−1 023 000	−805 000	−758 000
Tax	0	0	0	0
Net Income	−950 000	−1 023 000	−805 000	−758 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 027 000	8 367 000	5 282 000	5 462 000
Total Current Assets	9 158 000	10 164 000	13 145 000	15 263 000
Total Assets	17 185 000	18 531 000	18 427 000	20 726 000
Total Retained Equity	14 390 000	16 339 000	17 662 000	18 867 000
Total Equity	14 490 000	16 439 000	17 762 000	18 967 000
Total Long-Term Debt	1 421 000	1 500 000	0	1 355 000
Total Current Debt	1 274 000	592 000	665 000	403 000
Total Equity and Debt	17 185 000	18 531 000	18 427 000	20 726 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	207 000	120 000	253 000	164 000
Other Income	0	0	0	0
Revenue	207 000	120 000	253 000	164 000
Cost of Goods Sold	0	0	62 000	17 000
Salary Costs	93 000	205 000	438 000	573 000
Depreciation	332 000	326 000	180 000	137 000
Impairment	0	0	0	0
Expenditure	1 054 000	1 295 000	1 342 000	1 425 000
Operating Profit	−847 000	−1 174 000	−1 089 000	−1 260 000
Financial Income	115 000	272 000	305 000	550 000
Financial Costs	217 000	121 000	21 000	48 000
Financial Balance	−102 000	151 000	284 000	502 000
Dividends	1 000 000	300 000	400 000	0
Net Income	−950 000	−1 023 000	−805 000	−758 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	73 000	73 000
Real Eastate	7 633 000	7 828 000	4 594 000	4 703 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	370 000	436 000	412 000	483 000
Total Tangible Assets	8 003 000	8 264 000	5 006 000	5 186 000
Total Fiancial Fixed Assets	24 000	103 000	203 000	203 000
Total Fixed Assets	8 027 000	8 367 000	5 282 000	5 462 000
Stock	0	0	0	0
Total Investments	1 880 000	1 813 000	1 717 000	1 981 000
Cash, Bank	7 162 000	8 131 000	11 132 000	13 067 000
Total Current Assets	9 158 000	10 164 000	13 145 000	15 263 000
Total Assets	17 185 000	18 531 000	18 427 000	20 726 000
Total Equity	14 490 000	16 439 000	17 762 000	18 967 000
Short-Term Group Debt	200 000	200 000	200 000	200 000
Total Long-Term Debt	1 421 000	1 500 000	0	1 355 000
Creditors	27 000	13 000	0	7 000
Unpaid Taxes	19 000	62 000	24 000	62 000
Dividends	1 000 000	300 000	400 000	0
Other Current Debt	28 000	18 000	40 000	134 000
Total Current Debt	1 274 000	592 000	665 000	403 000
Total Equity and Debt	17 185 000	18 531 000	18 427 000	20 726 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,56 %	−6,22 %	−4,53 %	−4 %
Debt-to-Equity Ratio	0,1	0,09	0	0,07
Operating Profit Margin	−409,18 %	−978,33 %	−430,43 %	−768,29 %
Current Ratio	7,19	17,17	19,77	37,87
Quick Ratio	7,19	17,17	19,77	37,87
Equity Ratio	0,84	0,89	0,96	0,92
Gross Profit Margin	100 %	100 %	75,49 %	89,63 %