Fortnox AB - Asset Resilience Ratio
Fortnox AB (FNOX) has an Asset Resilience Ratio of -0.01% as of December 2022. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. See FNOX working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2021–2022)
This chart shows how Fortnox AB's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Fortnox AB balance sheet assets.
Liquid Assets Composition Over Time
This chart breaks down Fortnox AB's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read FNOX current and long-term liabilities for a breakdown of total debt and financial obligations.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Skr0.00 | 0% |
| Short-term Investments | Skr-300.00K | -0.01% |
| Total Liquid Assets | Skr-300.00K | -0.01% |
Asset Resilience Insights
- Limited Liquidity: Fortnox AB maintains only -0.01% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Fortnox AB Industry Peers by Asset Resilience Ratio
Compare Fortnox AB's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Securitize Corp.
NYSE:SECZ |
Software - Application | 9.94% |
|
Fujian Boss Software Development Co Ltd
SHE:300525 |
Software - Application | 4.13% |
|
Hangzhou Pinming Software Co. Ltd. A
SHG:688109 |
Software - Application | 13.14% |
|
Yuanbao Inc. American Depositary Shares
NASDAQ:YB |
Software - Application | 65.34% |
|
Crunchfish AB
ST:CFISH |
Software - Application | -0.01% |
|
China TransInfo Technology Co Ltd
SHE:002373 |
Software - Application | 5.63% |
|
Xref Ltd
AU:XF1 |
Software - Application | 17.89% |
|
Identitii Ltd
AU:ID8 |
Software - Application | 46.22% |
Annual Asset Resilience Ratio for Fortnox AB (2021–2022)
The table below shows the annual Asset Resilience Ratio data for Fortnox AB.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-12-31 | -0.01% | Skr-300.00K ≈ $-32.28K |
Skr2.30 Billion ≈ $247.74 Million |
+0.00pp |
| 2021-12-31 | -0.02% | Skr-300.00K ≈ $-32.28K |
Skr1.97 Billion ≈ $212.13 Million |
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About Fortnox AB
Fortnox AB (publ) provides smart technical products, packages, services, and integrations for financial and administration applications in small and medium sized businesses, accounting firms, and organizations in Sweden. The company offers accounting products comprising bookkeeping, bookkeeping approval and review, supplier invoice approval, invoice data capture, fixed assets register, read, and … Read more