Fortnox AB (publ)

Stockholm Stock Exchange FNOX.ST

Fortnox AB (publ) Interest Coverage Ratio for the year ending December 31, 2023: 62.64

Fortnox AB (publ) Interest Coverage Ratio is 62.64 for the year ending December 31, 2023, a 0.94% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Fortnox AB (publ) Interest Coverage Ratio for the year ending December 31, 2022 was 62.05, a -21.03% change year over year.
Fortnox AB (publ) Interest Coverage Ratio for the year ending December 31, 2021 was 78.57, a -3.43% change year over year.
Fortnox AB (publ) Interest Coverage Ratio for the year ending December 31, 2020 was 81.37, a -95.01% change year over year.
Fortnox AB (publ) Interest Coverage Ratio for the year ending December 31, 2019 was 1,630.38, a 128.30% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

Stockholm Stock Exchange: FNOX.ST

Fortnox AB (publ)

CEO	Mr. Tommy Eklund
IPO Date	Sept. 6, 2012
Location	Sweden
Headquarters	Bollgatan 3B
Employees	904
Sector	Technology
Industries Software-as-a-Service (SaaS) Professional Services

Description

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.

Key trends

Past 5 years