Fortnox AB (FNOX) - Total Liabilities
Based on the latest financial reports, Fortnox AB (FNOX) has total liabilities worth Skr1.04 Billion SEK (≈ $112.35 Million USD) as of March 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Fortnox AB - Total Liabilities Trend (2008–2024)
This chart illustrates how Fortnox AB's total liabilities have evolved over time, based on quarterly financial data. See working capital to net assets of Fortnox AB to evaluate short-term liquidity relative to the company's equity base.
Fortnox AB Competitors by Total Liabilities
The table below lists competitors of Fortnox AB ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
SHISEIDO CO. ADR
F:SHDA
|
Germany | €645.99 Billion |
|
Godrej Properties Limited
NSE:GODREJPROP
|
India | Rs625.40 Billion |
|
Construction Partners Inc
NASDAQ:ROAD
|
USA | $2.46 Billion |
|
Bilibili Inc
F:71BA
|
Germany | €25.62 Billion |
|
Churchill Downs Incorporated
NASDAQ:CHDN
|
USA | $6.43 Billion |
|
B2Gold Corp
TO:BTO
|
Canada | CA$2.25 Billion |
|
Compagnie du Cambodge
PA:CBDG
|
France | €104.90 Million |
|
Capital Financial Indonesia Tbk PT
JK:CASA
|
Indonesia | Rp24.51 Trillion |
Liability Composition Analysis (2008–2024)
This chart breaks down Fortnox AB's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see FNOX market cap.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 2.37 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.41 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.29 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Fortnox AB's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Fortnox AB (2008–2024)
The table below shows the annual total liabilities of Fortnox AB from 2008 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | Skr1.03 Billion ≈ $111.27 Million |
+17.50% |
| 2023-12-31 | Skr880.00 Million ≈ $94.70 Million |
-13.84% |
| 2022-12-31 | Skr1.02 Billion ≈ $109.91 Million |
+3.22% |
| 2021-12-31 | Skr989.44 Million ≈ $106.48 Million |
+114.09% |
| 2020-12-31 | Skr462.17 Million ≈ $49.74 Million |
+69.95% |
| 2019-12-31 | Skr271.95 Million ≈ $29.27 Million |
+14.97% |
| 2018-12-31 | Skr236.53 Million ≈ $25.45 Million |
+5.57% |
| 2017-12-31 | Skr224.06 Million ≈ $24.11 Million |
+129.01% |
| 2016-12-31 | Skr97.84 Million ≈ $10.53 Million |
+33.01% |
| 2015-12-31 | Skr73.56 Million ≈ $7.92 Million |
+60.49% |
| 2014-12-31 | Skr45.83 Million ≈ $4.93 Million |
+250.91% |
| 2013-12-31 | Skr13.06 Million ≈ $1.41 Million |
+41.39% |
| 2012-12-31 | Skr9.24 Million ≈ $994.12K |
+25.87% |
| 2011-12-31 | Skr7.34 Million ≈ $789.82K |
+53.83% |
| 2010-12-31 | Skr4.77 Million ≈ $513.44K |
-32.03% |
| 2009-12-31 | Skr7.02 Million ≈ $755.38K |
+55.52% |
| 2008-12-31 | Skr4.51 Million ≈ $485.71K |
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About Fortnox AB
Fortnox AB (publ) provides smart technical products, packages, services, and integrations for financial and administration applications in small and medium sized businesses, accounting firms, and organizations in Sweden. The company offers accounting products comprising bookkeeping, bookkeeping approval and review, supplier invoice approval, invoice data capture, fixed assets register, read, and … Read more