Fortnox AB (publ)

Fortnox AB (publ)verified

FNOXF

Price:

$8.45

Market Cap:

$54.51B

Fortnox AB (publ) operates a cloud-based platform for financial administration for small businesses, accounting firms, associations, and schools. It offers various programs and services for accounting, billing, quotation and order, stocks, salary, receipt and travel, direct debit, plant registry, supplier certificate and read, school support, time, invoice interpretation, credit information, e-invoice, invoice service, and invoice purchases. The company also provides insurance services. Fortnox AB (publ) was founded in 1993 and is headquartered in Växjö, Sweden.

Industry

Software - Application

IPO Date

2022-02-15

Stock Exchange

OTC

Ticker

FNOXF

The Current Ratio as of December 2025 (TTM) for Fortnox AB (publ) (FNOXF) is 2.37

According to Fortnox AB (publ)’s latest financial reports and current stock price. The company's current Current Ratio is 2.37. This represents a change of 10.13% compared to the average of 2.15 of the last 4 quarters.

Fortnox AB (publ) (FNOXF) Historical Current Ratio (quarterly & annually)

How has FNOXF Current Ratio performed in the past?

The mean historical Current Ratio of Fortnox AB (publ) over the last ten years is 1.50. The current 2.37 Current Ratio has changed 15.70% with respect to the historical average. Over the past ten years (40 quarters), FNOXF's Current Ratio was at its highest in in the March 2025 quarter at 2.37. The Current Ratio was at its lowest in in the June 2015 quarter at 0.70.

Quarterly (TTM)
Annual

Average

1.50

Median

1.56

Minimum

0.85

Maximum

2.17

Fortnox AB (publ) (FNOXF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Fortnox AB (publ) Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 25.02%

Maximum Annual Current Ratio = 2.17

Minimum Annual Increase = -25.11%

Minimum Annual Current Ratio = 0.85

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.1723.89%
20231.75-0.03%
20221.7518.47%
20211.48-25.11%
20201.9719.73%
20191.6525.02%
20181.3222.07%
20171.0811.10%
20160.9714.91%
20150.85-10.88%

Fortnox AB (publ) (FNOXF) Average Current Ratio

How has FNOXF Current Ratio performed in the past?

The current Current Ratio of Fortnox AB (publ) (FNOXF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.89

5-year avg

1.82

10-year avg

1.50

Fortnox AB (publ) (FNOXF) Current Ratio vs. Peers

How is FNOXF’s Current Ratio compared to its peers?

Fortnox AB (publ)’s Current Ratio is greater than Asseco Poland S.A. (1.25), greater than VusionGroup (0.89), greater than Asseco Poland S.A. (1.25), greater than Temenos AG (0.53), greater than Spectris plc (1.78), greater than Spectris plc (1.78), greater than TIS Inc. (2.19), greater than Indra Sistemas, S.A. (1.36), greater than Atos SE (1.47), less than Hirose Electric Co.,Ltd. (8.82),

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