Fortnox AB (FNOX) - Cash Flow Conversion Efficiency

Latest 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 ≈ $16.03 Million USD) by net assets (Skr2.57 Billion ≈ $276.68 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see how much is Fortnox AB worth for the company's overall valuation and market capitalisation.

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.

Fortnox AB Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Fortnox AB ranked by their cash flow conversion efficiency. Explore Fortnox AB earnings quality ratio to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
CNOOC Energy Technology & Services Ltd SHG:600968	0.156x
Weatherford International plc NASDAQ:WFRD	0.158x
Shenzhen Sunlord Electronics Co Ltd SHE:002138	0.052x
Open Text Corp NASDAQ:OTEX	0.079x
Loongson Technology Corp. Ltd. A SHG:688047	N/A
Compagnie du Cambodge PA:CBDG	0.004x
Jiangxi Copper Company Limited F:JIX	0.107x
COSCO SHIPPING Holdings Co. Ltd F:C6G	0.025x

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. View Fortnox AB share price for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	Skr2.36 Billion ≈ $254.19 Million	Skr751.00 Million ≈ $80.82 Million	0.318x	-12.78%
2023-12-31	Skr1.77 Billion ≈ $190.70 Million	Skr646.00 Million ≈ $69.52 Million	0.365x	+5.88%
2022-12-31	Skr1.28 Billion ≈ $137.83 Million	Skr441.00 Million ≈ $47.46 Million	0.344x	+6.84%
2021-12-31	Skr981.71 Million ≈ $105.65 Million	Skr316.37 Million ≈ $34.05 Million	0.322x	-44.71%
2020-12-31	Skr469.26 Million ≈ $50.50 Million	Skr273.52 Million ≈ $29.44 Million	0.583x	-11.53%
2019-12-31	Skr280.45 Million ≈ $30.18 Million	Skr184.78 Million ≈ $19.89 Million	0.659x	+3.42%
2018-12-31	Skr165.34 Million ≈ $17.79 Million	Skr105.33 Million ≈ $11.34 Million	0.637x	-31.27%
2017-12-31	Skr99.08 Million ≈ $10.66 Million	Skr91.84 Million ≈ $9.88 Million	0.927x	+11.24%
2016-12-31	Skr58.71 Million ≈ $6.32 Million	Skr48.92 Million ≈ $5.26 Million	0.833x	-43.05%
2015-12-31	Skr36.88 Million ≈ $3.97 Million	Skr53.96 Million ≈ $5.81 Million	1.463x	+69.55%
2014-12-31	Skr26.71 Million ≈ $2.87 Million	Skr23.05 Million ≈ $2.48 Million	0.863x	+95.27%
2013-12-31	Skr39.77 Million ≈ $4.28 Million	Skr17.57 Million ≈ $1.89 Million	0.442x	+87.09%
2012-12-31	Skr36.40 Million ≈ $3.92 Million	Skr8.60 Million ≈ $925.27K	0.236x	+23.66%
2011-12-31	Skr31.73 Million ≈ $3.41 Million	Skr6.06 Million ≈ $652.10K	0.191x	+49.37%
2010-12-31	Skr25.48 Million ≈ $2.74 Million	Skr3.26 Million ≈ $350.60K	0.128x	+178.56%
2009-12-31	Skr23.14 Million ≈ $2.49 Million	Skr-3.77 Million ≈ $-405.27K	-0.163x	+79.87%
2008-12-31	Skr18.55 Million ≈ $2.00 Million	Skr-15.00 Million ≈ $-1.61 Million	-0.809x	--

About Fortnox AB

ST:FNOX Sweden Software - Application

Market Cap

$5.87 Billion

Skr54.51 Billion SEK

Market Cap Rank

#3215 Global

#49 in Sweden

Share Price

Skr89.40

Change (1 day)

+0.00%

52-Week Range

Skr89.40 - Skr89.40

All Time High

Skr91.94