Invest in the best software and nothing else

The last day to submit your tax return for 2021 is May 3. When I completed my pass, I noticed how much different software companies differ when it comes to financial data and taxes.

I use Visma tax software to collect my personal funds, but the interface is outdated. The end of the nineties I called you at Visma and you had a compliment. The 1990s said they wanted to restore the look of the boxes that appear when choosing Save to locate the file on your hard drive.

seriously. Fortnox listed was under the acquisition of Visma and I can understand that they wanted a distinctly superior programming experience. Fortnox has its own fully web-based accounting software. Nothing should be downloaded to your computer or saved there. Everything happens, so to speak, in the cloud, so it can be accessed from laptop and mobile.

Interestingly enough, Fortnox is now in business and is acquiring companies to expand its product range. What I miss is tax software in Fortnox, so I can fill out Ink1, NE, K4 and whatever forms are called on in my tax return.

Yes, I have K4 when I sold my shares in Fortinova Real Estate in 2020. These shares were unlisted prior to listing, so I owned the shares in a traditional stock warehouse. Then last year I also received some allocations in the Train Alliance and sold those shares shortly thereafter.

Regardless, I strongly believe in Fortnox as a company in 2020 and if stocks are down, I am ready to buy. Visma was removed from the Oslo Stock Exchange in 2006 and I will not buy the stock if they come back.

The most promising long-standing group of exciting software-intensive companies. Everything from Lime and Hexagon to Embracer and Evolution Gaming develop different types of software that form the backbone of their services and products.

Invest in companies that offer the best products and nothing else.