contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Analyst

Lucas Mattsson

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, one would expect the stock to be available significantly cheaper compared to the current price. Link to DI’s article (behind a paywall) where the matter is thoroughly discussed.            Dagens industri – 2 Jun 25              Budet nära att falla – då är det gyllene köpläge    Budet på Fortnox är nära att falla, något som lär resultera i ett kursras.Men misströsta ej. Den iver som EQT och Olof Hallrup har att lägga beslag på…

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 – kultakimpale länsinaapurista    “The best way to predict the future is to create it.                               I predicted Fortnox’s profit would quintuple from 2020 to 2025. According to analysts’ forecasts, Fortnox will make a profit of 857 million kronor this year. In 2020, the profit was 205 million. So, just over 4x, but not quite 5x.   One reason for this is my own prediction about Offerta. Not even Fortnox managed to achieve any major synergy benefits in revenue, which tells quite well how difficult it really is to create value through acquisitions. Fortnox already had over 350,000 customers back then, while Offerta only had a couple of thousand – yet cross-selling was not a walk in the park. Now, over 40% more people have used Offerta’s service than in March 2021, but I did expect the number to be much higher.      I floated the idea of expanding outside Sweden later. Well, it certainly didn’t happen through Talenom  But now that EQT is coming in through the acquisition, will Fortnox be scaled internationally? Really interesting to follow.   I talked several times with Fortnox’s then-CEO, Tommy Eklund, back in the day. He was of the opinion that the hybrid model was not the right direction, and that Talenom lacked the necessary developer power compared to Fortnox’s army of coders. Looking back – that prediction didn’t go completely wrong, did it?    Will Fortnox be relisted someday when the company’s business is international? Capman & Harvia 2.0

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 owner recommend approval, etc. I myself am waiting for levels above 89 kronor before selling or letting it go to redemption, in my opinion it’s quite safe to trade with this if one wants to take some interim profit home, I do think that the profit will narrow significantly after that general meeting.

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 offer? Do you see any greater risk here that the tender offer would not materialize?

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 post

No wonder the insiders bought heavily last year. Luckily, me too

Acquisition offer for Fortnox by EQT and First Craft. Offer 90 SEK/share. https://fortnoxgroup.com/nyhetsrum/uttalande-fran-styrelsen-i-fortnox-med-anledning-av-det-offentliga-uppkopserbjudandet-fran-eqt-x-och-first-kraft

Fortnox

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.

<p>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.</p>

Value Creators: Fortnox

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