Fortnox AB
STO:FNOX
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Fortnox AB
Accounts Payable
Fortnox AB
Accounts Payable Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Accounts Payable | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
Fortnox AB
STO:FNOX
|
Accounts Payable
kr25m
|
CAGR 3-Years
1%
|
CAGR 5-Years
5%
|
CAGR 10-Years
N/A
|
|
|
Sinch AB (publ)
STO:SINCH
|
Accounts Payable
kr1.6B
|
CAGR 3-Years
0%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
|
IAR Systems Group AB
STO:IAR B
|
Accounts Payable
kr8.4m
|
CAGR 3-Years
-2%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
|
Lime Technologies AB (publ)
STO:LIME
|
Accounts Payable
kr12.8m
|
CAGR 3-Years
28%
|
CAGR 5-Years
36%
|
CAGR 10-Years
N/A
|
|
|
Vitec Software Group AB (publ)
STO:VIT B
|
Accounts Payable
kr75.9m
|
CAGR 3-Years
10%
|
CAGR 5-Years
17%
|
CAGR 10-Years
N/A
|
|
|
Truecaller AB
STO:TRUE B
|
Accounts Payable
N/A
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
Fortnox AB
Glance View
Fortnox AB, nestled in the heart of Sweden, has carved a remarkable niche in the realm of cloud-based solutions, catering predominantly to small and medium-sized enterprises (SMEs). Born out of the necessity to simplify and streamline cumbersome business processes, Fortnox offers a spectrum of software services that facilitate accounting, invoicing, payroll, and much more. At its core, the company operates on a subscription-based model, which not only ensures a steady stream of recurring revenue but also allows its customers to customize their usage based on unique business needs. This adaptability and the convenience of cloud services provide Fortnox’s clients with the freedom to manage their business affairs with unparalleled ease and efficiency, from anywhere at any time. Emphasizing integration and user-friendliness, Fortnox thrives on the principle of connectivity—partnering seamlessly with various banks and financial institutions. This interconnectedness enhances the company’s appeal as it transforms financial data management into a more streamlined, automated process, fostering greater agility for its customers. By continuously evolving its product offerings and incorporating cutting-edge technological advancements, Fortnox ensures it remains at the forefront of innovation within the crowded financial technology sector. As businesses increasingly migrate to digital platforms, Fortnox cleverly positions itself as more than just a service provider; it becomes an indispensable partner in the digital transformation journey, effectively creating an ecosystem that encourages growth and innovation for SMEs across Sweden and beyond.
See Also
What is Fortnox AB's Accounts Payable?
Accounts Payable
25m
SEK
Based on the financial report for Dec 31, 2024, Fortnox AB's Accounts Payable amounts to 25m SEK.
What is Fortnox AB's Accounts Payable growth rate?
Accounts Payable CAGR 5Y
5%
Over the last year, the Accounts Payable growth was -44%. The average annual Accounts Payable growth rates for Fortnox AB have been 1% over the past three years , 5% over the past five years .