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Fortnox AB (publ) (FNOX.ST)
Key financial summary
Financials in SEK| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | SEK m | 532 | 694 | 932 | 1,276 | 1,642 | 2,045 | 2,141 |
| Operating profit | SEK m | 876 | 938 | |||||
| Net profit | SEK m | 135 | 205 | 241 | 347 | 570 | 710 | 770 |
| EPS reported | SEK | 1.16 | 1.26 | |||||
| Operating cashflow per share | SEK | 1.23 | 1.23 | |||||
| Capex per share | SEK | 0.34 | 0.34 | |||||
| FCF per share | SEK | 0.89 | 0.89 | |||||
| Free cash flow | SEK m | 542 | 696 | |||||
| Net debt | SEK m | -767 | -896 | |||||
| Book value equity | SEK m | 2,362 | 2,571 | |||||
| Book value per share | SEK | 3.87 | 4.22 | |||||
| Number of shares | m | 609.87 | 609.83 | |||||
| DPS (TTM paid) | SEK | 0.25 | 0.25 |
Financial summary
Financials in SEK| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 62.16 | - | |||||
| P/B LTM | x | 18.61 | 21.20 | |||||
| P/S LTM | x | 21.50 | 25.46 | |||||
| P/FCF LTM | x | 81.10 | 78.31 | |||||
| EV/EBITDA LTM | x | 39.53 | 46.70 | |||||
| EV/Sales LTM | x | 21.18 | 25.04 | |||||
| Earnings Yield LTM | % | 1.61% | 1.30% | |||||
| FCF Yield | % | 1.23% | 1.28% | |||||
| Quality | ||||||||
| ROE | % | 30.06% | 34.35% | |||||
| ROIC | % | 26.78% | 26.78% | |||||
| Operating margin | % | 42.84% | 42.84% | |||||
| Gross margin | % | 62.89% | 62.89% | |||||
| FCF/Sales | % | 26.50% | 26.50% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | +24.73% | +26.00% | |||||
| Sales Growth YoY | % | +24.54% | +23.19% | |||||
| Net Income Growth YoY | % | +24.56% | +25.61% | |||||
| FCF Growth | % | +12.92% | +89.13% | |||||
| Operating Profit Growth | % | +30.16% | +32.86% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 0.28% | 0.28% | |||||
| Dividend Growth | % | -87.07% | - | |||||
| Payout Ratio | % | 17.18% | 15.88% | |||||
| FCF/Debt | x | 3.10 | 3.93 | |||||
| Net Debt/EBITDA | x | -0.58 | -0.58 | |||||
| EBIT/Net interest | x | 87.60 | 87.60 | |||||
| Net debt/market cap | % | -1.74% | -1.64% | |||||
| Net debt/Equity | x | -0.32 | -0.35 | |||||
| Gross debt/equity | x | 0.07 | 0.07 | |||||
Company overview
Fortnox AB (publ) provides a comprehensive, cloud-based platform designed for financial administration, catering to small and medium-sized businesses, accounting firms, non-profit associations, and educational institutions. Its wide array of programs and services includes essential functions such as accounting, billing, quotation and order management, inventory control, payroll processing, expense and travel reporting, and direct debit. The company also offers specialized tools for asset tracking (plant registry), supplier verification and management, school administration, time tracking, automated invoice interpretation, credit information, electronic invoicing, and diverse invoice services, including purchasing and financing options. Furthermore, Fortnox extends its offerings to include insurance services. The company was founded in 1993 and is headquartered in Växjö, Sweden.
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For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Fortnox AB (publ) (FNOX.ST)
Fortnox AB (publ) provides a comprehensive, cloud-based platform designed for financial administration, catering to small and medium-sized businesses, accounting firms, non-profit associations, and educational institutions. Its wide array of programs and services includes essential functions such as accounting, billing, quotation and order management, inventory control, payroll processing, expense and travel reporting, and direct debit. The company also offers specialized tools for asset tracking (plant registry), supplier verification and management, school administration, time tracking, automated invoice interpretation, credit information, electronic invoicing, and diverse invoice services, including purchasing and financing options. Furthermore, Fortnox extends its offerings to include insurance services. The company was founded in 1993 and is headquartered in Växjö, Sweden.
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