Company Fortnox AB

Equities

FNOX

SE0017161243

Software

Market Closed - Nasdaq Stockholm 11:29:35 2024-04-29 am EDT 5-day change 1st Jan Change
64.22 SEK +0.53% Intraday chart for Fortnox AB +3.25% +6.54%

Business Summary

Fortnox AB is a Sweden-based company, which offers Internet-based business applications for companies, associations, as well as accounting and auditing firms. The Company’s product portfolio includes programs for accounting, billing, sales support and payroll, such as Fortnox Accounting, Fortnox Invoicing, Fortnox order, Fortnox Archive, Fortnox Time and Fortnox CRM, as well as other programs. The Company’s services allow its users to access the applications thorugh the Internet and be logged in simultaneously from multiple locations. As of December 31, 2011, the Company’s three largest shareholders were Karlo Forvaltnings AB (10.45%), Banque Ohman S.A. (6.45%) and Nordea Life & Pensions (5.8%).

Number of employees: 848

Sales per Business

SEK in Million2021Weight2022Weight Delta
Core Products
38.1 %
380 40.1 % 495 38.1 % +30.24%
Accounting Firms
26.2 %
273 28.8 % 340 26.2 % +24.42%
Businesses
15.0 %
136 14.3 % 195 15.0 % +43.88%
Financial Services
11.2 %
88 9.3 % 145 11.2 % +64.51%
Marketplaces
9.6 %
- - 124 9.6 % -
Intra-group
0.0 %
3 0.3 % -1 0.0 % -117.64%

Sales per region

SEK in Million2021Weight2022Weight Delta
Sweden
100.0 %
949 100.0 % 1,298 100.0 % +36.89%

Managers

Managers TitleAgeSince
Chief Executive Officer 48 19-12-31
Director of Finance/CFO 52 16-12-31
Chief Operating Officer 41 20-12-31
Corporate Officer/Principal - 07-12-31
Corporate Officer/Principal 51 12-12-31
Corporate Officer/Principal 52 12-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 67 21-12-26
Chairman 66 10-12-31
Director/Board Member 56 15-12-31
Director/Board Member 62 18-12-31
Director/Board Member 48 21-12-26

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 609,744,700 465,819,920 ( 76.40 %) 0 76.40 %

Shareholders

NameEquities%Valuation
114,780,710 18.82 % 719 M kr
Vor Capital LLP
5.017 %
30,591,181 5.017 % 192 M kr
Swedbank Robur Fonder AB
4.253 %
25,935,302 4.253 % 162 M kr
Didner & Gerge Fonder AB
2.026 %
12,354,709 2.026 % 77 M kr
11,649,500 1.911 % 73 M kr
Spiltan Fonder AB
1.891 %
11,532,450 1.891 % 72 M kr
Norges Bank Investment Management
1.740 %
10,610,786 1.740 % 66 M kr
AMF Fonder AB
1.640 %
10,000,000 1.640 % 63 M kr
Nordea Investment Management AB
1.249 %
7,618,420 1.249 % 48 M kr
Folksam Ömsesidig Sakförsäkring AB
1.225 %
7,470,239 1.225 % 47 M kr

Company contact information

Fortnox AB

Bollgatan 3B

352 46, Växjö

+46 4 70 78 50 00

http://www.fortnox.se
address Fortnox AB(FNOX)

Group companies

NameCategory and Sector
Fortnox Finans AB

Sales per Business

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
64.22 SEK
Average target price
71.5 SEK
Spread / Average Target
+11.34%
Consensus