Fundies.
English

Fortnox AB

ESEF
Report (type unavailable) · filed 2025-05-08

Annual consolidated revenue for 2024: about SEK 2.045B, using the latest reported figures. The previous period, 2023, was about SEK 1.642B.

Inspect reported changes Compare with another company Historical disclosures Segments
Watchlist

Holdings and insider activity

Transactions reported by directors, officers and 10% owners on SEC Forms 3, 4 and 5, over the last 12 months.

Insider reports are SEC Forms 3, 4 and 5. This company is not in the SEC regime, so none are shown.

See all insider transactions

Institutional holders (Form 13F) are not yet shown here.

Latest fiscal year

Revenue

2.05 billion SEK

2024 · SEK

Exact inputs and evidence
  • Revenue: 2045000000 SEK Source

Operating margin

42.84%

2024 · %

Exact inputs and evidence
  • Operating Income: 876000000 SEK Source
  • Revenue: 2045000000 SEK Source

Operating cash flow

751 million SEK

2024 · SEK

Exact inputs and evidence
  • Operating Cash Flow: 751000000 SEK Source

Free cash flow

710 million SEK

2024 · SEK

Exact inputs and evidence
  • Operating Cash Flow: 751000000 SEK Source
  • Capital Expenditure: 41000000 SEK Source
Cash and cash equivalents
810 million SEK Source
Exact value

810000000 SEK

Long-term debt including current maturities
Not available
Shares outstanding
Not available

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2025-05-08.

Financial data available through: 2024-12-31.

Coverage by financial measure
  • Revenue: 4 of 11 periods available· newest 2024-12-31
  • Operating income: 4 of 11 periods available· newest 2024-12-31
  • net income: No compatible figures in this window
  • Operating cash flow: 4 of 11 periods available· newest 2024-12-31
  • Capital expenditure: 4 of 11 periods available· newest 2024-12-31
  • Total assets: 4 of 11 periods available· newest 2024-12-31
  • Total liabilities: 4 of 11 periods available· newest 2024-12-31
  • Current assets: 4 of 11 periods available· newest 2024-12-31
  • Current liabilities: 4 of 11 periods available· newest 2024-12-31
  • Cash and cash equivalents: 4 of 11 periods available· newest 2024-12-31
  • long term debt: No compatible figures in this window
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +24.5%

    Prior period

    SEK 1.64 billion

    –

    Current period

    SEK 2.05 billion

    –

    Exact inputs and evidence

    2045000000 − 1642000000 = 403000000 SEK

    1642000000 SEK · 2023-01-01 – 2023-12-31

    Inspect prior input Prior source

    2045000000 SEK · 2024-01-01 – 2024-12-31

    Inspect current input Current source
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  • Operating cash flow

    +16.3%

    Prior period

    SEK 646 million

    –

    Current period

    SEK 751 million

    –

    Exact inputs and evidence

    751000000 − 646000000 = 105000000 SEK

    646000000 SEK · 2023-01-01 – 2023-12-31

    Inspect prior input Prior source

    751000000 SEK · 2024-01-01 – 2024-12-31

    Inspect current input Current source
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  • Capital expenditure

    +925%

    Prior period

    SEK 4 million

    –

    Current period

    SEK 41 million

    –

    Exact inputs and evidence

    41000000 − 4000000 = 37000000 SEK

    4000000 SEK · 2023-01-01 – 2023-12-31

    Inspect prior input Prior source

    41000000 SEK · 2024-01-01 – 2024-12-31

    Inspect current input Current source
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Comparable inputs unavailable for: Net income.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2024 2024-01-01 – 2024-12-31

  • Revenue SEK 2.05 billion 100% of revenue
  • Operating costs Derived SEK 1.17 billion 57% of revenue
  • Operating income SEK 876 million 43% of revenue
  • Tax, interest and other Derived Unavailable An input is unavailable.
  • Net income Unavailable An input is unavailable.

Cash

  • Operating cash flow SEK 751 million 37% of revenue
  • Capital expenditure SEK 41 million 2% of revenue
  • Free cash flow Derived SEK 710 million 35% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2021 Not shown: operating income or net income is not reported.
  • 2022 Not shown: operating income or net income is not reported.
  • 2023 Not shown: operating income or net income is not reported.
  • 2024 Not shown: operating income or net income is not reported.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2021 2021-01-01 – 2021-12-31932000000 617300000 Derived 314700000 UnavailableUnavailable304100000 Derived
Source
2022 2022-01-01 – 2022-12-311276000000 812000000 Derived 464000000 UnavailableUnavailable431000000 Derived
Source
2023 2023-01-01 – 2023-12-311642000000 969000000 Derived 673000000 UnavailableUnavailable642000000 Derived
Source
2024 2024-01-01 – 2024-12-312045000000 1169000000 Derived 876000000 UnavailableUnavailable710000000 Derived
Source

Amounts are exact, in SEK.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

SEK 2B 2024
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.2B1.7B1.1B552.2M0.02021202220232024
Values and sources
Revenue values and source evidence
PeriodSeriesValue(SEK)Source evidence
2021Revenue932000000
2022Revenue1276000000
2023Revenue1642000000
2024Revenue2045000000

Revenue growth

Change in revenue from the same financial period one year earlier.

24.5% 2024
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.39.9%29.9%19.9%10.0%0.0%2021202220232024
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2021Year over yearNo prior comparable period
2022Year over year36.9%
2023Year over year28.7%
2024Year over year24.5%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 42.8% 2024
Free cash flow margin 34.7% 2024
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.46%35%23%12%0%2021202220232024
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2021Operating margin33.8%
2022Operating margin36.4%
2023Operating margin41%
2024Operating margin42.8%
2021-12-31Net marginNot reported
2022-12-31Net marginNot reported
2023-12-31Net marginNot reported
2024-12-31Net marginNot reported
2021Free cash flow margin32.6%
2022Free cash flow margin33.8%
2023Free cash flow margin39.1%
2024Free cash flow margin34.7%

Operating cash flow

Cash generated by the company’s normal business operations.

SEK 751M 2024
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.811.1M608.3M405.5M202.8M0.02021202220232024
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(SEK)Source evidence
2021Operating cash flow316400000
2022Operating cash flow441000000
2023Operating cash flow646000000
2024Operating cash flow751000000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

SEK 710M 2024
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.766.8M575.1M383.4M191.7M0.02021202220232024
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(SEK)Source evidence
2021Free cash flow304100000
2022Free cash flow431000000
2023Free cash flow642000000
2024Free cash flow710000000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

30.4% 2024
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.54%41%27%14%0%2021202220232024
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2021Liabilities / assets50.2%
2022Liabilities / assets44.4%
2023Liabilities / assets33.2%
2024Liabilities / assets30.4%

Current assets to current liabilities

Current assets divided by current liabilities.

2.17× 2024
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.34×1.76×1.17×0.59×0.00×2021202220232024
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2021Current assets / current liabilities1.48×
2022Current assets / current liabilities1.75×
2023Current assets / current liabilities1.75×
2024Current assets / current liabilities2.17×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2021 2021-01-01 – 2021-12-31
Unavailable Not reported for this period.
SEK 316.4 million
Exact value

Exact value: 316400000 SEK

2021-01-01 – 2021-12-31: 316400000 SEK Inspect Operating Cash Flow Open source
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SEK 12.3 million
Exact value

Exact value: 12300000 SEK

2021-01-01 – 2021-12-31: 12300000 SEK Inspect Capital Expenditure Open source
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SEK 304.1 million
Calculation and evidence

316400000 − 12300000 SEK

Exact free cash flow: 304100000 SEK

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2022 2022-01-01 – 2022-12-31
Unavailable Not reported for this period.
SEK 441 million
Exact value

Exact value: 441000000 SEK

2022-01-01 – 2022-12-31: 441000000 SEK Inspect Operating Cash Flow Open source
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SEK 10 million
Exact value

Exact value: 10000000 SEK

2022-01-01 – 2022-12-31: 10000000 SEK Inspect Capital Expenditure Open source
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SEK 431 million
Calculation and evidence

441000000 − 10000000 SEK

Exact free cash flow: 431000000 SEK

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2023 2023-01-01 – 2023-12-31
Unavailable Not reported for this period.
SEK 646 million
Exact value

Exact value: 646000000 SEK

2023-01-01 – 2023-12-31: 646000000 SEK Inspect Operating Cash Flow Open source
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SEK 4 million
Exact value

Exact value: 4000000 SEK

2023-01-01 – 2023-12-31: 4000000 SEK Inspect Capital Expenditure Open source
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SEK 642 million
Calculation and evidence

646000000 − 4000000 SEK

Exact free cash flow: 642000000 SEK

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2024 2024-01-01 – 2024-12-31
Unavailable Not reported for this period.
SEK 751 million
Exact value

Exact value: 751000000 SEK

2024-01-01 – 2024-12-31: 751000000 SEK Inspect Operating Cash Flow Open source
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SEK 41 million
Exact value

Exact value: 41000000 SEK

2024-01-01 – 2024-12-31: 41000000 SEK Inspect Capital Expenditure Open source
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SEK 710 million
Calculation and evidence

751000000 − 41000000 SEK

Exact free cash flow: 710000000 SEK

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

3 filings · 203 latest values · 203 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 549300MSNMHPC3O60W78, esef:549300MSNMHPC3O60W78