Fortnox Aktiebolag financials
Fortnox Aktiebolag
Country: SE Reporting currency: SEK Latest annual report: 2024-12-31
LEI:
549300MSNMHPC3O60W78 Financial statements
(SEK, as reported — unscaled; 92 line items across 2 annual periods)
| Line item | 2024 | 2023 |
|---|---|---|
| Income statement | ||
| Revenue | SEK 2.04B | SEK 1.64B |
| Other income | SEK 55.0M | SEK 28.0M |
| Operating expenses | SEK 1.22B | SEK 997.0M |
| Employee benefits expense | SEK 749.0M | SEK 601.0M |
| Operating profit (EBIT) | SEK 876.0M | SEK 673.0M |
| Net finance income / (cost) | SEK 12.0M | SEK 4.0M |
| Finance costs | SEK 10.0M | SEK 11.0M |
| Profit before tax | SEK 889.0M | SEK 677.0M |
| Income tax expense | SEK 179.0M | SEK 107.0M |
| Profit for the year | SEK 710.0M | SEK 570.0M |
| Total comprehensive income | SEK 710.0M | SEK 570.0M |
| Per share | ||
| Basic EPS | SEK 1.16 | SEK 0.94 |
| Diluted EPS | SEK 1.16 | SEK 0.93 |
| Free cash flow / share | SEK 1.16 | SEK 1.05 |
| Cash flow statement | ||
| Net cash from operating activities | SEK 751.0M | SEK 646.0M |
| Income taxes paid | SEK 167.0M | SEK 109.0M |
| Net cash from investing activities | -SEK 305.0M | -SEK 253.0M |
| Purchase of PP&E (capex) | SEK 41.0M | SEK 4.0M |
| Purchase of intangibles | SEK 168.0M | SEK 162.0M |
| Net cash from financing activities | -SEK 150.0M | -SEK 313.0M |
| Dividends paid | SEK 122.0M | SEK 73.0M |
| Repayments of borrowings | SEK 2.0M | SEK 200.0M |
| Lease liability payments | SEK 36.0M | SEK 34.0M |
| Balance sheet | ||
| Total assets | SEK 3.40B | SEK 2.65B |
| Non-current assets | SEK 1.60B | SEK 1.39B |
| Right-of-use assets | SEK 165.0M | SEK 139.0M |
| Intangible assets & goodwill | SEK 485.0M | SEK 610.0M |
| Current assets | SEK 1.79B | SEK 1.27B |
| Trade & other receivables | SEK 76.0M | SEK 114.0M |
| Cash & equivalents | SEK 810.0M | SEK 514.0M |
| Total equity | SEK 2.36B | SEK 1.77B |
| — attributable to owners | SEK 2.36B | SEK 1.77B |
| Non-current liabilities | SEK 207.0M | SEK 157.0M |
| Long-term borrowings | SEK 0 | SEK 0 |
| Lease liabilities (non-current) | SEK 132.0M | SEK 113.0M |
| Current liabilities | SEK 827.0M | SEK 723.0M |
| Lease liabilities (current) | SEK 43.0M | SEK 33.0M |
| Deferred tax liabilities | SEK 25.0M | SEK 33.0M |
| Derived metrics | ||
| Free cash flow | SEK 710.0M | SEK 642.0M |
| Operating margin | 42.8% | 41.0% |
| Net margin | 34.7% | 34.7% |
| Return on equity | 30.1% | 32.2% |
| Cash conversion ratio | 1.06× | 1.13× |
| Capex coverage | 18.32× | 161.50× |
| Other reported items | ||
| Accruals Classified As Current | SEK 102.0M | SEK 92.0M |
| Additional Paidin Capital | SEK 437.0M | SEK 424.0M |
| Adjusted Weighted Average Shares | 609.9M | 609.9M |
| Adjustments For Decrease Increase In Other Operating Receivables | -SEK 13.0M | -SEK 22.0M |
| Adjustments For Decrease Increase In Trade Account Receivable | SEK 41.0M | -SEK 21.0M |
| Adjustments For Increase Decrease In Trade and Other Payables | SEK 83.0M | SEK 127.0M |
| Adjustments To Reconcile Profit Loss Other Than Changes In Working Capital | SEK 176.0M | SEK 160.0M |
| Cash Flows From Losing Control of Subsidiaries Or Other Businesses Classified As Investing Activities | SEK 14.0M | SEK 0 |
| Cash Flows From Used In Operations Before Changes In Working Capital | SEK 898.0M | SEK 729.0M |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | SEK 110.0M | SEK 87.0M |
| Comprehensive Income Attributable To Owners of Parent | SEK 710.0M | SEK 570.0M |
| Corporate Loans | SEK 258.0M | SEK 193.0M |
| Current Accrued Income Including Current Contract Assets | SEK 30.0M | SEK 25.0M |
| Current Deferred Income Other Than Current Contract Liabilities | SEK 430.0M | SEK 350.0M |
| Current Prepaid Expenses | SEK 34.0M | SEK 33.0M |
| Current Tax Liabilities Current | SEK 148.0M | SEK 133.0M |
| Deferred Tax Assets | SEK 32.0M | SEK 43.0M |
| Depreciation Amortisation and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | SEK 198.0M | SEK 160.0M |
| Dividends Paid To Equity Holders of Parent Classified As Financing Activities | SEK 122.0M | SEK 73.0M |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners | SEK 152.4M | — |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners Per Share | SEK 0.25 | — |
| Dividends Recognised As Distributions To Owners Per Share | SEK 0.20 | — |
| Equity and Liabilities | SEK 3.40B | SEK 2.65B |
| Finance Income | SEK 24.0M | SEK 15.0M |
| Increase Decrease In Cash and Cash Equivalents | SEK 296.0M | SEK 80.0M |
| Increase Decrease Through Transactions With Owners | -SEK 118.0M | -SEK 79.0M |
| Investments In Joint Ventures Accounted For Using Equity Method | SEK 295.0M | SEK 0 |
| Issue of Equity | SEK 13.0M | — |
| Issued Capital | SEK 1.0M | SEK 1.0M |
| Liabilities | SEK 1.03B | SEK 880.0M |
| Noncurrent Financial Assets | SEK 18.0M | SEK 23.0M |
| Noncurrent Receivables | SEK 1.0M | SEK 0 |
| Other Comprehensive Income | SEK 0 | SEK 0 |
| Other Current Liabilities | SEK 78.0M | SEK 70.0M |
| Other Current Receivables | SEK 19.0M | SEK 14.0M |
| Other Expense By Nature | SEK 267.0M | SEK 238.0M |
| Other Intangible Assets | SEK 49.0M | SEK 136.0M |
| Other Noncurrent Liabilities | SEK 50.0M | SEK 11.0M |
| Other Work Performed By Entity and Capitalised | SEK 128.0M | SEK 107.0M |
| Payments To Acquire Or Redeem Entitys Shares | SEK 3.0M | SEK 6.0M |
| Proceeds From Issuing Shares | SEK 13.0M | SEK 0 |
| Purchase of Treasury Shares | SEK 8.0M | SEK 6.0M |
| Retained Earnings | SEK 1.93B | SEK 1.35B |
| Revenue and Operating Income | SEK 2.10B | SEK 1.67B |
| Services Expense | SEK 138.0M | SEK 104.0M |
| Share of Profit Loss of Joint Ventures Accounted For Using Equity Method | -SEK 2.0M | SEK 0 |
| Trade and Other Current Payables To Trade Suppliers | SEK 25.0M | SEK 45.0M |
| Weighted Average Shares | 609.7M | 609.7M |
Methodology
Every line item above is a fact tagged in Fortnox Aktiebolag's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (SEK), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.