Fortnox Overview

  • Year Founded
  • 2001

Year Founded

  • Status
  • Public

  • Employees
  • 904

Employees

  • Stock Symbol
  • FNOX

Stock Symbol

  • Investments
  • 8

  • Share Price
  • $6.26
  • (As of Friday Closing)

Fortnox General Information

Description

Fortnox AB provides internet-based business applications that offer products, packages, and integrations to cover a business's financial and administrative needs by creating easy flows in accounting, invoicing, financing, and managing employees. Its segments are Businesses, Accounting Firms, Core Products, Financial Services, and Marketplaces.

Contact Information

Website
www.fortnox.se
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Corporate Office
  • Bollgatan 3b
  • Vaxjo
  • Sweden
+46 0470-78
Primary Industry
Financial Software
Other Industries
Business/Productivity Software
Stock Exchange
STO
Vertical(s)
TMT, FinTech
Corporate Office
  • Bollgatan 3b
  • Vaxjo
  • Sweden
+46 0470-78

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Fortnox Stock Performance

As of 17-Jan-2025, Fortnox’s stock price is $6.26. Its current market cap is $3.82B with 610M shares.

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$6.26 $6.31 $4.96 - $7.86 $3.82B 610M 1M $0.11

Fortnox Financials Summary

As of 30-Sep-2024, Fortnox has a trailing 12-month revenue of $185M.

In Thousands,
USD 		TTM 30-Sep-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 3,782,343 3,661,487 2,754,734 3,908,936
Revenue 185,356 154,482 125,778 108,525
EBITDA 94,527 78,182 57,665 46,263
Net Income 65,420 53,626 34,205 28,075
Total Assets 317,779 265,361 220,671 217,817
Total Debt 17,049 14,609 34,797 54,156
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Fortnox Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Fortnox Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Fortnox AB provides internet-based business applications that offer products, packages, and integrations to cover a busi
Financial Software
Vaxjo, Sweden
904 As of 2024

Vancouver, Canada
 

Delft, Netherlands
 
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Fortnox Competitors (35)

One of Fortnox’s 35 competitors is Kashoo Cloud Accounting, a Corporate Backed or Acquired company based in Vancouver, Canada.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Kashoo Cloud Accounting Corporate Backed or Acquired Vancouver, Canada
Exact Software Private Equity-Backed Delft, Netherlands
Unit4 Private Equity-Backed Dordrecht, Netherlands
SAP Corporation Walldorf, Germany
Pandell Technology Private Equity-Backed Calgary, Canada
You’re viewing 5 of 35 competitors. Get the full list »

Fortnox Patents

  • 4

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • Pending

  • Expiring in next 12 mo

Fortnox Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20140372895-A1 Performing data operations Inactive 15-Jun-2013
US-20140372883-A1 Instructing an operation to be performed at a central station from a remote station Inactive 15-Jun-2013
EP-2813946-A1 Performing data operations at a central station from a remote station Inactive 15-Jun-2013
EP-2813948-A1 Instructing an operation to be performed at a central station from a remote station Inactive 15-Jun-2013 G06F9/547

Fortnox Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Fortnox Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Fortnox Investments & Acquisitions (8)

Fortnox’s most recent deal was a Joint Venture with ToM Holding (Other Commercial Services). The deal was made on 01-Oct-2024.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
ToM Holding (Other Commercial Services) 01-Oct-2024 Joint Venture Other Commercial Services
Boardeaser 01-Mar-2024 Merger/Acquisition Business/Productivity Software
VisualBy 01-Mar-2024 Merger/Acquisition Business/Productivity Software
Cling 01-Nov-2022 Merger/Acquisition Multimedia and Design Software
Capcito Finance 01-Dec-2021 Merger/Acquisition Financial Software
You’re viewing 5 of 8 investments and acquisitions. Get the full list »

Fortnox ESG

Risk Overview

Risk Rating

Updated October, 25, 2024

25.32 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 15,104

Rank

Percentile

Software & Services

Industry

of 962

Rank

Percentile

Enterprise and Infrastructure Software

Subindustry

of 379

Rank

Percentile

To view Fortnox’s complete esg history, request access »

Affiliates

Subsidiaries (7)

Name Industry Location Year Founded
Fortnox Lagerbolag Vaxjo, Sweden 2021
Agoyit Vaxjo, Sweden 2019
Cling Stockholm, Sweden 2016
Boardeaser Stockholm, Sweden 2015
Capcito Finance Stockholm, Sweden 2015
You’re viewing 5 of 7 affiliates. Get the full list.  »

Fortnox FAQs

  • When was Fortnox founded?

    Fortnox was founded in 2001.

  • Where is Fortnox headquartered?

    Fortnox is headquartered in Vaxjo, Sweden.

  • What is the size of Fortnox?

    Fortnox has 904 total employees.

  • What industry is Fortnox in?

    Fortnox’s primary industry is Financial Software.

  • Is Fortnox a private or public company?

    Fortnox is a Public company.

  • What is Fortnox’s stock symbol?

    The ticker symbol for Fortnox is FNOX.

  • What is the current stock price of Fortnox?

    As of 17-Jan-2025 the stock price of Fortnox is $6.26.

  • What is the current market cap of Fortnox?

    The current market capitalization of Fortnox is $3.82B.

  • What is Fortnox’s current revenue?

    The trailing twelve month revenue for Fortnox is $185M.

  • Who are Fortnox’s competitors?

    Kashoo Cloud Accounting, Exact Software, Unit4, SAP, and Pandell Technology are some of the 35 competitors of Fortnox.

  • What is Fortnox’s annual earnings per share (EPS)?

    Fortnox’s EPS for 12 months was $0.11.

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