Fortnox AB Working Capital to Net Assets Ratio
Fortnox AB working capital to net assets ratio. Fortnox AB (FNOX) has a Working Capital to Net Assets ratio of 44.6% as of March 2025. Working capital of Skr1.15 Billion (current assets of Skr1.98 Billion minus current liabilities of Skr837.00 Million) is measured against net assets of Skr2.57 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check FNOX tangible net assets ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Fortnox AB (2008–2024)
Working capital to net assets ratio of Fortnox AB from 2008 to 2024. This chart shows how Fortnox AB's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2008 to 2024. As of March 2025, the ratio stands at 44.6%, reflecting working capital of Skr1.15 Billion against net assets of Skr2.57 Billion SEK. See FNOX defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Fortnox AB Working Capital to Net Assets Ratio by Year (2008–2024)
Fortnox AB working capital to net assets ratio by year from 2008 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Fortnox AB from 2008 to 2024, covering 17 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see Fortnox AB assets under control.
| Year | WC/NA Ratio | Working Capital (SEK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 40.9% | Skr967.00 Million | Skr2.36 Billion | Skr1.79 Billion | Skr827.00 Million | ▲ +10.3 pp |
| 2023 | 30.6% | Skr543.00 Million | Skr1.77 Billion | Skr1.27 Billion | Skr723.00 Million | ▼ -2.1 pp |
| 2022 | 32.7% | Skr418.90 Million | Skr1.28 Billion | Skr976.30 Million | Skr557.40 Million | ▲ +7.6 pp |
| 2021 | 25.1% | Skr246.51 Million | Skr981.71 Million | Skr761.76 Million | Skr515.25 Million | ▼ -38.4 pp |
| 2020 | 63.5% | Skr298.12 Million | Skr469.26 Million | Skr604.16 Million | Skr306.04 Million | ▲ +0.6 pp |
| 2019 | 62.9% | Skr176.44 Million | Skr280.45 Million | Skr448.39 Million | Skr271.95 Million | ▲ +17.3 pp |
| 2018 | 45.6% | Skr75.42 Million | Skr165.34 Million | Skr311.96 Million | Skr236.53 Million | ▲ +27.4 pp |
| 2017 | 18.2% | Skr18.02 Million | Skr99.08 Million | Skr242.07 Million | Skr224.06 Million | ▲ +22.8 pp |
| 2016 | -4.6% | Skr-2.69 Million | Skr58.71 Million | Skr95.14 Million | Skr97.84 Million | ▲ +25.9 pp |
| 2015 | -30.4% | Skr-11.23 Million | Skr36.88 Million | Skr61.83 Million | Skr73.06 Million | ▼ -21.8 pp |
| 2014 | -8.6% | Skr-2.31 Million | Skr26.71 Million | Skr43.53 Million | Skr45.83 Million | ▼ -81.2 pp |
| 2013 | 72.6% | Skr28.86 Million | Skr39.77 Million | Skr41.93 Million | Skr13.06 Million | ▲ +5.2 pp |
| 2012 | 67.4% | Skr24.52 Million | Skr36.40 Million | Skr33.76 Million | Skr9.24 Million | ▲ +15.7 pp |
| 2011 | 51.7% | Skr16.40 Million | Skr31.73 Million | Skr23.74 Million | Skr7.34 Million | ▲ +7.8 pp |
| 2010 | 43.9% | Skr11.18 Million | Skr25.48 Million | Skr15.95 Million | Skr4.77 Million | ▲ +19.1 pp |
| 2009 | 24.8% | Skr5.73 Million | Skr23.14 Million | Skr12.75 Million | Skr7.02 Million | ▲ +8.8 pp |
| 2008 | 15.9% | Skr2.95 Million | Skr18.55 Million | Skr7.47 Million | Skr4.51 Million | — |