Alternative performance measures
The Group uses a number of alternative performance measures in its report. The alternative performance measures that BE Group considers significant are the following:
Underlying operating result (uEBIT)
| (SEK M) | 2024 Jan-Mar | 2023 Jan-Mar | 2023 Full-year | Rolling 12 months | |
| (MSEK) | 2024 jan-mar | 2023 jan-mar | 2023 helår | Rullande 12 mån | |
| Operating result | Rörelseresultat | 4 | 1 | -52 | -49 |
| Reversal of inventory gains (-)/losses (+) | Återläggning lagervinster (-)/förluster (+) | 11 | 9 | 76 | 78 |
| Adjustment for items affecting comparability | Justering för jämförelsestörande poster | 27 | – | 6 | 33 |
| Group | Koncernen | 42 | 10 | 30 | 62 |
Working capital
| (SEK M) | 2024 Mar 31 | 2023 Mar 31 | 2023 Dec 31 | |
| (MSEK) | 2024 31 mar | 2023 31 mar | 2023 31 dec | |
| Inventories | Varulager | 782 | 931 | 792 |
| Accounts receivable | Kundfordringar | 685 | 863 | 532 |
| Other receivables | Övriga rörelsefordringar | 88 | 128 | 88 |
| Deduction accounts payable | Avdrag leverantörsskulder | -663 | -719 | -528 |
| Deduction other current liabilities | Avdrag övriga kortfristiga skulder | -206 | -272 | -201 |
| Rounding | Avrundning | – | – | – |
| Group | Koncernen | 686 | 931 | 683 |
Average working capital is an average for each period based on quarterly data.
Net debt excl. IFRS 16
| (SEK M) | 2024 Mar 31 | 2023 Mar 31 | 2023 Dec 31 | |
| (MSEK) | 2024 31 mar | 2023 31 mar | 2023 31 dec | |
| Non-current interest-bearing liabilities and leasing liabilities | Långfristiga räntebärande skulder och leasingskulder | 668 | 765 | 710 |
| Current interest-bearing liabilities and leasing liabilities | Kortfristiga räntebärande skulder och leasingskulder | 105 | 100 | 103 |
| Deduction leasing liabilities | Avdrag leasingskulder | -470 | -522 | -479 |
| Deduction financial assets | Avdrag finansiella anläggningstillgångar | 0 | 0 | 0 |
| Deduction cash and equivalents | Avdrag likvida medel | -32 | -139 | -74 |
| Rounding | Avrundning | – | – | -1 |
| Group | Koncernen | 271 | 204 | 259 |
Net debt/equity ratio excl. IFRS 16 is calculated as net debt excl. IFRS 16 divided by Equity.
Capital employed excl. IFRS 16
| (SEK M) | 2024 Mar 31 | 2023 Mar 31 | 2023 Dec 31 | |
| (MSEK) | 2024 31 mar | 2023 31 mar | 2023 31 dec | |
| Equity excl. IFRS 16 | Eget kapital exkl. IFRS 16 | 1,447 | 1,650 | 1,431 |
| Non-current interest-bearing liabilities and leasing liabilities | Långfristiga räntebärande skulder och leasingskulder | 668 | 765 | 710 |
| Current interest-bearing liabilities and leasing liabilities | Kortfristiga räntebärande skulder och leasingskulder | 105 | 100 | 103 |
| Deduction leasing liabilities | Avdrag leasingskulder | -470 | -522 | -479 |
| Rounding | Avrundning | – | – | – |
| Group | Koncernen | 1,750 | 1,993 | 1,765 |
Average capital employed excl. IFRS 16 is an average for each period based on quarterly data.