Fortnox AB (FNOX) — Cash Flow Reinvestment Rate

Latest as of March 2025: 0.72x

Fortnox AB (FNOX) has a Cash Flow Reinvestment Rate of 0.72x as of March 2025, reinvesting Skr107.00 Million (capex Skr54.00 Million plus investments Skr-53.00 Million) from operating cash flow of Skr149.00 Million. Check Fortnox AB earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

0.72x
(Capex + Investments) / Operating CF

Total Reinvested

Skr107.00 Million
Capex + Investments

Operating Cash Flow

Skr149.00 Million
SEK

Capital Expenditures

Skr54.00 Million
SEK

Fortnox AB Cash Flow Reinvestment Rate (2010–2024)

Historical reinvestment intensity for Fortnox AB across 15 annual periods. Explore debt repayment capacity of Fortnox AB to assess how comfortably operating cash covers total debt obligations.

Annual Cash Flow Reinvestment Rate for Fortnox AB (2010–2024)

Year-by-year capital reinvestment analysis for Fortnox AB. For live market cap and broader valuation context, see FNOX market cap.

Year Reinvestment Rate Total Reinvested (SEK) Operating CF Capex YoY Change
2024 0.68x Skr514.00 Million Skr751.00 Million Skr209.00 Million ▲ +5.5%
2023 0.65x Skr419.00 Million Skr646.00 Million Skr166.00 Million ▼ -11.8%
2022 0.74x Skr324.40 Million Skr441.00 Million Skr139.20 Million ▲ +94.6%
2021 0.38x Skr119.62 Million Skr316.37 Million Skr100.83 Million ▼ -9.7%
2020 0.42x Skr114.52 Million Skr273.52 Million Skr95.73 Million ▲ +18.8%
2019 0.35x Skr65.12 Million Skr184.78 Million Skr46.34 Million ▼ -29.4%
2018 0.50x Skr52.60 Million Skr105.33 Million Skr33.81 Million ▲ +16.7%
2017 0.43x Skr39.30 Million Skr91.84 Million Skr39.30 Million ▼ -10.0%
2016 0.48x Skr23.26 Million Skr48.92 Million Skr23.26 Million ▼ -7.7%
2015 0.52x Skr27.80 Million Skr53.96 Million Skr27.80 Million ▼ -33.7%
2014 0.78x Skr17.92 Million Skr23.05 Million Skr17.92 Million ▲ +294.4%
2013 0.20x Skr3.46 Million Skr17.57 Million Skr3.46 Million ▼ -0.5%
2012 0.20x Skr1.70 Million Skr8.60 Million Skr1.70 Million ▼ -67.4%
2011 0.61x Skr3.69 Million Skr6.06 Million Skr3.69 Million ▲ +83.8%
2010 0.33x Skr1.08 Million Skr3.26 Million Skr1.08 Million —
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow