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Value Creators: Fortnox

FortnoxResearch24.09.2024 klo 15.30
Lucas MattssonHead of Equity Research, Sweden
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In the Value Creators concept, we highlight companies that have created substantial shareholder value. Fortnox, best known for its cloud-based accounting software, is a leading ERP provider for small and midsize enterprises in Sweden. It has a strong track record of profitable growth and high returns on capital.

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Value Creators

Forum discussions

Two significant owners seem to have rejected the takeover bid. It will be interesting to see what happens in the end, but if it doesn’t go through...
6/2/2025, 12:00 PM
by T_dawg
4
I still had to return to my own writing about Fortnox from April 2021 and see how my predictions turned out: Viisas raha – 1 Apr 21 Fortnox ...
4/16/2025, 6:43 AM
by Arimatti Alhanko
16
I’m no wiser, but the gap indeed seems quite wide considering that the buyer is not some unknown fly-by-night fund, management and the main ...
4/2/2025, 12:46 PM
by Tomppa73
2
Hi, Can someone smarter confirm, but doesn’t Fortnox offer about a 5.5% arbitrage return at the current price of SEK 85.24 compared to the tender...
4/2/2025, 7:38 AM
by T_dawg
0
Well, yeah, it seemed like a pretty good shopping spot at this point too. The company, though, got forgotten somewhere in my notes after the...
3/31/2025, 9:06 AM
by samamies
1
No wonder the insiders bought heavily last year. Luckily, me too
3/31/2025, 6:36 AM
by RikuV
2
Acquisition offer for Fortnox by EQT and First Craft. Offer 90 SEK/share. https://fortnoxgroup.com/nyhetsrum/uttalande-fran-styrelsen-i-fortnox...
3/31/2025, 6:14 AM
by poutapilviä
9