(FNOX) Fortnox - Ratings and Ratios

Fortnox AB (publ) is a leading provider of advanced financial and administrative software solutions tailored for small and medium-sized enterprises (SMEs), accounting firms, and organizations in Sweden. Established in 1993 and headquartered in Växjö, the company has positioned itself as a key player in the digital transformation of financial management, offering a comprehensive suite of products and services. Its platform encompasses a wide range of tools, including bookkeeping, invoicing, payroll management, expense tracking, and financial reporting, all designed to streamline operations and enhance efficiency for its users. Fortnox also provides integrations with third-party systems, enabling seamless connectivity for businesses. The company distributes its products through partnerships with accounting firms and direct sales via its website. Over the years, Fortnox has expanded its offerings to include payment solutions, invoice factoring, and financial decision-support tools, further solidifying its role as a one-stop-shop for financial and administrative needs in the Swedish market.

Fortnox AB (publ) has consistently demonstrated strong financial performance, with a market capitalization of 52,420.20M SEK as of the latest data. The companys price-to-earnings (P/E) ratio stands at 74.12, reflecting investor confidence in its growth prospects. With a return on equity (RoE) of 30.02%, Fortnox highlights its ability to generate profits from shareholders equity. The stock is traded on the Stockholm Stock Exchange under the ticker symbol FNOX, classified under the Application Software sub-industry. Recent technical indicators show the stock trading at 85.98 SEK, with a 20-day average volume of 1,780,551 shares. The stock has shown upward momentum, with its SMA 20, 50, and 200 all trending higher. The Average True Range (ATR) of 2.40 indicates moderate volatility, suggesting a balanced risk-reward scenario for investors.