Fortnox

Launch date

2002

Employees

501-1000 people

Market cap

Enterprise valuation

€3.2b (Public information from Sep 2024)

Växjö kommun Kronoberg County (HQ)

http://www.fortnox.se

https://twitter.com/fortnoxab https://www.facebook.com/pages/fortnox/115945841778758 https://www.linkedin.com/company/fortnox https://apps.apple.com/app/id1350403648 https://play.google.com/store/apps/details?id=se.fortnox.powerup.prod

Revenues, earnings & profits over time

SEK	2020	2021	2022	2023	2024	2025	2026
Revenues	694m	932m	1.3b	1.6b	2.1b	2.6b	3.2b
% growth	30 %	34 %	37 %	29 %	27 %	25 %	23 %
EBITDA	332m	398m	589m	848m	1.1b	1.4b	1.8b
% EBITDA margin	48 %	43 %	46 %	52 %	51 %	54 %	55 %
Profit	205m	241m	347m	570m	695m	911m	1.2b
% profit margin	30 %	26 %	27 %	35 %	33 %	35 %	37 %
EV / revenue	39.8x	38.4x	22.6x	22.1x	16.7x	13.1x	10.4x
EV / EBITDA	83.1x	90.0x	48.8x	42.7x	32.5x	24.5x	19.1x

Source: Dealroom estimates

Date	Investors	Amount	Round
-	Edastra	N/A	-
Jan 2007	N/A	N/A	IPO
Apr 2008*	Aggregate Media	N/A	Media For Equity
Oct 2008*	Case Asset Management	SEK6.0m	Post IPO Equity
Total Funding		-

Tech stackLearn more about the technologies and tools that this company uses.

ACQUISITION by Fortnox Nov 2021

ACQUISITION by Fortnox Mar 2024

ACQUISITION by Fortnox Mar 2024