Fortnox AB (FNOX) — Cash Flow Quality Index
Fortnox AB (FNOX) has a Cash Flow Quality Index of 0.71x as of March 2025. Operating cash flow of Skr149.00 Million is below net income of Skr210.00 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore Fortnox AB balance sheet assets for the complete picture of this company's asset base.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Fortnox AB Cash Flow Quality Index (2010–2024)
Historical Cash Flow Quality Index for Fortnox AB across 15 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Fortnox AB tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Fortnox AB (2010–2024)
Year-by-year earnings quality comparison for Fortnox AB. For live market cap and the full company financial profile, see FNOX company net worth.
| Year | Quality Index | Operating CF (SEK) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 0.84x | Skr751.00 Million | Skr889.00 Million | ▼ -25.5% |
| 2023 | 1.13x | Skr646.00 Million | Skr570.00 Million | ▲ +16.3% |
| 2022 | 0.97x | Skr441.00 Million | Skr452.70 Million | ▼ -4.9% |
| 2021 | 1.02x | Skr316.37 Million | Skr308.76 Million | ▼ -1.8% |
| 2020 | 1.04x | Skr273.52 Million | Skr262.15 Million | ▼ -2.8% |
| 2019 | 1.07x | Skr184.78 Million | Skr172.09 Million | ▲ +4.0% |
| 2018 | 1.03x | Skr105.33 Million | Skr101.98 Million | ▼ -29.5% |
| 2017 | 1.46x | Skr91.84 Million | Skr62.69 Million | ▲ +25.4% |
| 2016 | 1.17x | Skr48.92 Million | Skr41.88 Million | ▼ -46.9% |
| 2015 | 2.20x | Skr53.96 Million | Skr24.53 Million | ▲ +49.3% |
| 2014 | 1.47x | Skr23.05 Million | Skr15.64 Million | ▼ -0.6% |
| 2013 | 1.48x | Skr17.57 Million | Skr11.86 Million | ▲ +36.1% |
| 2012 | 1.09x | Skr8.60 Million | Skr7.90 Million | ▼ -20.2% |
| 2011 | 1.36x | Skr6.06 Million | Skr4.44 Million | ▲ +121.0% |
| 2010 | 0.62x | Skr3.26 Million | Skr5.28 Million | — |