Fortnox AB (FNOX) — Financial Flexibility Index
Fortnox AB (FNOX) has a Financial Flexibility Index of 0.19x as of March 2025. Free cash flow of Skr203.00 Million (operating CF Skr149.00 Million minus capex Skr54.00 Million) represents 0% of total liabilities (Skr1.04 Billion). Check FNOX capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Fortnox AB Financial Flexibility Index (2008–2024)
Historical Financial Flexibility Index trend for Fortnox AB across 17 annual periods. See FNOX net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Fortnox AB (2008–2024)
Year-by-year free cash flow to debt coverage for Fortnox AB. For the full company profile including market capitalisation, see FNOX market cap.
| Year | Flexibility Index | Free Cash Flow (SEK) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.93x | Skr960.00 Million | Skr751.00 Million | Skr1.03 Billion | ▲ +0.6% |
| 2023 | 0.92x | Skr812.00 Million | Skr646.00 Million | Skr880.00 Million | ▲ +62.4% |
| 2022 | 0.57x | Skr580.20 Million | Skr441.00 Million | Skr1.02 Billion | ▲ +34.7% |
| 2021 | 0.42x | Skr417.20 Million | Skr316.37 Million | Skr989.44 Million | ▼ -47.2% |
| 2020 | 0.80x | Skr369.26 Million | Skr273.52 Million | Skr462.17 Million | ▼ -6.0% |
| 2019 | 0.85x | Skr231.12 Million | Skr184.78 Million | Skr271.95 Million | ▲ +44.5% |
| 2018 | 0.59x | Skr139.14 Million | Skr105.33 Million | Skr236.53 Million | ▲ +0.5% |
| 2017 | 0.59x | Skr131.14 Million | Skr91.84 Million | Skr224.06 Million | ▼ -20.7% |
| 2016 | 0.74x | Skr72.18 Million | Skr48.92 Million | Skr97.84 Million | ▼ -33.6% |
| 2015 | 1.11x | Skr81.77 Million | Skr53.96 Million | Skr73.56 Million | ▲ +24.4% |
| 2014 | 0.89x | Skr40.97 Million | Skr23.05 Million | Skr45.83 Million | ▼ -44.5% |
| 2013 | 1.61x | Skr21.04 Million | Skr17.57 Million | Skr13.06 Million | ▲ +44.4% |
| 2012 | 1.12x | Skr10.30 Million | Skr8.60 Million | Skr9.24 Million | ▼ -16.0% |
| 2011 | 1.33x | Skr9.74 Million | Skr6.06 Million | Skr7.34 Million | ▲ +46.1% |
| 2010 | 0.91x | Skr4.34 Million | Skr3.26 Million | Skr4.77 Million | ▲ +281.0% |
| 2009 | -0.50x | Skr-3.52 Million | Skr-3.77 Million | Skr7.02 Million | ▲ +84.8% |
| 2008 | -3.31x | Skr-14.95 Million | Skr-15.00 Million | Skr4.51 Million | — |