Fortnox AB (FNOX) — Cash Flow Quality Index

Latest as of March 2025: 0.71x

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. Explore how efficiently does Fortnox AB generate cash to assess how effectively this company generates cash.

Cash Flow Quality Index

0.71x
Operating CF / Net Income

Operating Cash Flow

Skr149.00 Million
SEK

Net Income

Skr210.00 Million
SEK

Data as of

Mar 2025
Most recent filing

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 FNOX cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

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 stock market capitalisation.

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
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.