Fortnox AB
STO:FNOX
Balance Sheet
Balance Sheet Decomposition
Fortnox AB
Fortnox AB
Balance Sheet
Fortnox AB
| Dec-2016 | Dec-2017 | Dec-2018 | Dec-2019 | Dec-2020 | Dec-2021 | Dec-2022 | Dec-2023 | Dec-2024 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & Cash Equivalents |
60
|
207
|
198
|
267
|
413
|
373
|
435
|
514
|
810
|
|
| Cash |
60
|
114
|
198
|
267
|
413
|
373
|
435
|
514
|
810
|
|
| Cash Equivalents |
0
|
93
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Receivables |
33
|
58
|
90
|
142
|
183
|
372
|
515
|
719
|
949
|
|
| Accounts Receivables |
17
|
28
|
42
|
43
|
54
|
89
|
111
|
139
|
106
|
|
| Other Receivables |
16
|
30
|
48
|
100
|
128
|
282
|
405
|
580
|
843
|
|
| Other Current Assets |
2
|
2
|
2
|
5
|
9
|
17
|
26
|
33
|
35
|
|
| Total Current Assets |
95
|
267
|
290
|
414
|
604
|
762
|
976
|
1 266
|
1 794
|
|
| PP&E Net |
2
|
7
|
70
|
64
|
205
|
205
|
191
|
167
|
216
|
|
| PP&E Gross |
2
|
7
|
70
|
64
|
205
|
205
|
191
|
167
|
216
|
|
| Accumulated Depreciation |
2
|
4
|
5
|
7
|
12
|
27
|
38
|
48
|
58
|
|
| Intangible Assets |
58
|
74
|
84
|
97
|
121
|
380
|
497
|
545
|
555
|
|
| Goodwill |
0
|
0
|
0
|
0
|
0
|
606
|
610
|
610
|
485
|
|
| Note Receivable |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
|
| Long-Term Investments |
0
|
0
|
0
|
0
|
0
|
17
|
26
|
23
|
313
|
|
| Other Long-Term Assets |
2
|
0
|
0
|
1
|
1
|
1
|
1
|
41
|
32
|
|
| Other Assets |
0
|
0
|
0
|
0
|
0
|
606
|
610
|
610
|
485
|
|
| Total Assets |
157
N/A
|
348
+122%
|
445
+28%
|
575
+29%
|
931
+62%
|
1 971
+112%
|
2 302
+17%
|
2 652
+15%
|
3 396
+28%
|
|
| Liabilities | ||||||||||
| Accounts Payable |
8
|
14
|
14
|
19
|
17
|
24
|
27
|
45
|
25
|
|
| Accrued Liabilities |
13
|
25
|
21
|
42
|
38
|
55
|
64
|
92
|
102
|
|
| Short-Term Debt |
0
|
25
|
49
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Current Portion of Long-Term Debt |
0
|
0
|
10
|
11
|
21
|
143
|
34
|
33
|
43
|
|
| Other Current Liabilities |
76
|
185
|
132
|
177
|
230
|
293
|
432
|
553
|
657
|
|
| Total Current Liabilities |
98
|
249
|
226
|
250
|
306
|
515
|
557
|
723
|
827
|
|
| Long-Term Debt |
0
|
0
|
54
|
46
|
156
|
347
|
329
|
113
|
132
|
|
| Deferred Income Tax |
0
|
0
|
0
|
0
|
0
|
36
|
37
|
33
|
25
|
|
| Minority Interest |
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Liabilities |
0
|
0
|
0
|
0
|
0
|
91
|
98
|
11
|
50
|
|
| Total Liabilities |
99
N/A
|
249
+151%
|
280
+12%
|
295
+5%
|
462
+57%
|
989
+114%
|
1 021
+3%
|
880
-14%
|
1 034
+18%
|
|
| Equity | ||||||||||
| Common Stock |
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
|
| Retained Earnings |
0
|
0
|
0
|
0
|
365
|
561
|
859
|
1 347
|
1 925
|
|
| Additional Paid In Capital |
48
|
85
|
88
|
89
|
103
|
420
|
421
|
424
|
437
|
|
| Other Equity |
8
|
13
|
76
|
190
|
0
|
0
|
0
|
0
|
1
|
|
| Total Equity |
58
N/A
|
99
+72%
|
165
+66%
|
280
+70%
|
469
+68%
|
982
+109%
|
1 281
+30%
|
1 772
+38%
|
2 362
+33%
|
|
| Total Liabilities & Equity |
157
N/A
|
348
+122%
|
445
+28%
|
575
+29%
|
931
+62%
|
1 971
+112%
|
2 302
+17%
|
2 652
+15%
|
3 396
+28%
|
|
| Shares Outstanding | ||||||||||
| Common Shares Outstanding |
584
|
596
|
597
|
598
|
601
|
610
|
610
|
610
|
610
|
|