Fortnox AB Cash Flow Conversion Efficiency

Latest as of March 2025: 0.058x

Fortnox AB cash flow conversion efficiency. 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.

Cash Flow Conversion Efficiency of Fortnox AB (2008–2024)

Cash flow conversion efficiency of Fortnox AB from 2008 to 2024. This chart illustrates how Fortnox AB's cash flow conversion efficiency has evolved over time, based on yearly financial data. View FNOX stock price for real-time trading data and today's change.

Fortnox AB Cash Flow Conversion Ratio Explained

Fortnox AB cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

Fortnox AB Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Fortnox AB ranked by their cash flow conversion efficiency. Also see Fortnox AB market capitalisation for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Hundsun Technologies Inc SHG:600570	0.024x
Fastighets AB Balder (publ) ST:BALD-B	0.014x
Kuala Lumpur Kepong Bhd KLSE:2445	0.030x
MGIC Investment Corp NYSE:MTG	0.037x
Churchill Downs Incorporated NASDAQ:CHDN	0.156x
Yanzhou Coal Mining Company Limited F:YZCA	0.000x
APT Medical Inc SHG:688617	0.098x
Compagnie du Cambodge PA:CBDG	0.004x

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. Review Fortnox AB free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.

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

#3116 Global

#51 in Sweden

Share Price

Skr89.40

Change (1 day)

+0.00%

52-Week Range

Skr89.40 - Skr89.40

All Time High

Skr91.94