
Fortnox AB
STO:FNOX

Fortnox AB
Cash from Operating Activities
Fortnox AB
Cash from Operating Activities Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Cash from Operating Activities | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
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Fortnox AB
STO:FNOX
|
Cash from Operating Activities
kr751m
|
CAGR 3-Years
33%
|
CAGR 5-Years
31%
|
CAGR 10-Years
N/A
|
|
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Sinch AB (publ)
STO:SINCH
|
Cash from Operating Activities
kr2.9B
|
CAGR 3-Years
108%
|
CAGR 5-Years
55%
|
CAGR 10-Years
N/A
|
|
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BYGGFAKTA GROUP Nordic HoldCo AB
STO:BFG
|
Cash from Operating Activities
kr618m
|
CAGR 3-Years
135%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
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Lime Technologies AB (publ)
STO:LIME
|
Cash from Operating Activities
kr196.5m
|
CAGR 3-Years
16%
|
CAGR 5-Years
22%
|
CAGR 10-Years
N/A
|
|
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Vitec Software Group AB (publ)
STO:VIT B
|
Cash from Operating Activities
kr1B
|
CAGR 3-Years
29%
|
CAGR 5-Years
30%
|
CAGR 10-Years
N/A
|
|
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Truecaller AB
STO:TRUE B
|
Cash from Operating Activities
kr604.1m
|
CAGR 3-Years
17%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
Fortnox AB
Glance View
Fortnox AB, nestled in the heart of Sweden, has carved a remarkable niche in the realm of cloud-based solutions, catering predominantly to small and medium-sized enterprises (SMEs). Born out of the necessity to simplify and streamline cumbersome business processes, Fortnox offers a spectrum of software services that facilitate accounting, invoicing, payroll, and much more. At its core, the company operates on a subscription-based model, which not only ensures a steady stream of recurring revenue but also allows its customers to customize their usage based on unique business needs. This adaptability and the convenience of cloud services provide Fortnox’s clients with the freedom to manage their business affairs with unparalleled ease and efficiency, from anywhere at any time. Emphasizing integration and user-friendliness, Fortnox thrives on the principle of connectivity—partnering seamlessly with various banks and financial institutions. This interconnectedness enhances the company’s appeal as it transforms financial data management into a more streamlined, automated process, fostering greater agility for its customers. By continuously evolving its product offerings and incorporating cutting-edge technological advancements, Fortnox ensures it remains at the forefront of innovation within the crowded financial technology sector. As businesses increasingly migrate to digital platforms, Fortnox cleverly positions itself as more than just a service provider; it becomes an indispensable partner in the digital transformation journey, effectively creating an ecosystem that encourages growth and innovation for SMEs across Sweden and beyond.

See Also
What is Fortnox AB's Cash from Operating Activities?
Cash from Operating Activities
751m
SEK
Based on the financial report for Dec 31, 2024, Fortnox AB's Cash from Operating Activities amounts to 751m SEK.
What is Fortnox AB's Cash from Operating Activities growth rate?
Cash from Operating Activities CAGR 5Y
31%
Over the last year, the Cash from Operating Activities growth was 16%. The average annual Cash from Operating Activities growth rates for Fortnox AB have been 33% over the past three years , 31% over the past five years .