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
Fortnox AB (FNOX) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2025: 0.058x
Based on the latest financial reports, Fortnox AB (FNOX) has a cash flow conversion efficiency ratio of 0.058x as of March 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (Skr149.00 Million) by net assets (Skr2.57 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Fortnox AB - Cash Flow Conversion Efficiency Trend (2008–2024)
This chart illustrates how Fortnox AB's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Fortnox AB Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Fortnox AB ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Fras-le S.A
SA:FRAS3
|
0.130x |
|
ACQ BURE AB
F:0FE
|
N/A |
|
Newtechwood Corp
SHE:301588
|
N/A |
|
Sonix Technology Co Ltd
TW:5471
|
0.007x |
|
SOS Lab
KQ:464080
|
-0.081x |
|
CRICUT INC. CL.A DL-001
F:398
|
N/A |
|
Heung-A Shipping Co. Ltd.
KO:003280
|
0.049x |
|
Healthco Healthcare and Wellness REIT
AU:HCW
|
0.016x |
Annual Cash Flow Conversion Efficiency for Fortnox AB (2008–2024)
The table below shows the annual cash flow conversion efficiency of Fortnox AB from 2008 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Skr2.36 Billion | Skr751.00 Million | 0.318x | -12.78% |
| 2023-12-31 | Skr1.77 Billion | Skr646.00 Million | 0.365x | +5.88% |
| 2022-12-31 | Skr1.28 Billion | Skr441.00 Million | 0.344x | +6.84% |
| 2021-12-31 | Skr981.71 Million | Skr316.37 Million | 0.322x | -44.71% |
| 2020-12-31 | Skr469.26 Million | Skr273.52 Million | 0.583x | -11.53% |
| 2019-12-31 | Skr280.45 Million | Skr184.78 Million | 0.659x | +3.42% |
| 2018-12-31 | Skr165.34 Million | Skr105.33 Million | 0.637x | -31.27% |
| 2017-12-31 | Skr99.08 Million | Skr91.84 Million | 0.927x | +11.24% |
| 2016-12-31 | Skr58.71 Million | Skr48.92 Million | 0.833x | -43.05% |
| 2015-12-31 | Skr36.88 Million | Skr53.96 Million | 1.463x | +69.55% |
| 2014-12-31 | Skr26.71 Million | Skr23.05 Million | 0.863x | +95.27% |
| 2013-12-31 | Skr39.77 Million | Skr17.57 Million | 0.442x | +87.09% |
| 2012-12-31 | Skr36.40 Million | Skr8.60 Million | 0.236x | +23.66% |
| 2011-12-31 | Skr31.73 Million | Skr6.06 Million | 0.191x | +49.37% |
| 2010-12-31 | Skr25.48 Million | Skr3.26 Million | 0.128x | +178.56% |
| 2009-12-31 | Skr23.14 Million | Skr-3.77 Million | -0.163x | +79.87% |
| 2008-12-31 | Skr18.55 Million | Skr-15.00 Million | -0.809x | -- |