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
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.
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.
Average
1.50
Median
1.56
Minimum
0.85
Maximum
2.17
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
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.17 | 23.89% |
| 2023 | 1.75 | -0.03% |
| 2022 | 1.75 | 18.47% |
| 2021 | 1.48 | -25.11% |
| 2020 | 1.97 | 19.73% |
| 2019 | 1.65 | 25.02% |
| 2018 | 1.32 | 22.07% |
| 2017 | 1.08 | 11.10% |
| 2016 | 0.97 | 14.91% |
| 2015 | 0.85 | -10.88% |
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)’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),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.25 | $4.41B | |
| 0.89 | $3.84B | |
| 1.25 | $4.01B | |
| 0.53 | $5.91B | |
| 1.78 | $5.10B | |
| 1.78 | $5.16B | |
| 2.19 | $7.42B | |
| 1.36 | $4.86B | |
| 1.47 | $5.81B | |
| 8.82 | $3.93B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Fortnox AB (publ) using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Fortnox AB (publ) or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Fortnox AB (publ)'s Current Ratio?
How is the Current Ratio calculated for Fortnox AB (publ) (FNOXF)?
What is the highest Current Ratio for Fortnox AB (publ) (FNOXF)?
What is the 3-year average Current Ratio for Fortnox AB (publ) (FNOXF)?
What is the 5-year average Current Ratio for Fortnox AB (publ) (FNOXF)?
How does the current Current Ratio for Fortnox AB (publ) (FNOXF) compare to its historical average?