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) | 2023 Jul-Sep | 2022 Jul-Sep | 2023 Jan-Sep | 2022 Jan-Sep | 2022 Full-year | Rolling 12 months | |
| (MSEK) | 2023 jul-sep | 2022 jul-sep | 2023 jan-sep | 2022 jan-sep | 2022 helår | Rullande 12 mån | |
| Operating result | Rörelseresultat | -42 | 40 | -15 | 537 | 418 | -134 |
| Reversal of inventory gains (-)/losses (+) | Återläggning lagervinster (-)/förluster (+) | 40 | 27 | 56 | 1 | 70 | 125 |
| Adjustment for items affecting comparability | Justering för jämförelsestörande poster | 6 | – | 6 | – | – | 6 |
| Group | Koncernen | 4 | 67 | 47 | 538 | 488 | -3 |
Working capital
| (SEK M) | 2023 Sep 30 | 2022 Sep 30 | 2022 Dec 31 | |
| (MSEK) | 2023 30 sep | 2022 30 sep | 2022 31 dec | |
| Inventories | Varulager | 881 | 1,418 | 1,127 |
| Accounts receivable | Kundfordringar | 710 | 934 | 675 |
| Other receivables | Övriga rörelsefordringar | 149 | 23 | 78 |
| Deduction accounts payable | Avdrag leverantörsskulder | -627 | -692 | -480 |
| Deduction other current liabilities | Avdrag övriga kortfristiga skulder | -336 | -343 | -269 |
| Rounding | Avrundning | – | – | -1 |
| Group | Koncernen | 777 | 1,340 | 1,130 |
Average working capital is an average for each period based on quarterly data.
Net debt excl. IFRS 16
| (SEK M) | 2023 Sep 30 | 2022 Sep 30 | 2022 Dec 31 | |
| (MSEK) | 2023 30 sep | 2022 30 sep | 2022 31 dec | |
| Non-current interest-bearing liabilities and leasing liabilities | Långfristiga räntebärande skulder och leasingskulder | 655 | 970 | 811 |
| Current interest-bearing liabilities and leasing liabilities | Kortfristiga räntebärande skulder och leasingskulder | 104 | 101 | 95 |
| Deduction leasing liabilities | Avdrag leasingskulder | -495 | -515 | -499 |
| Deduction financial assets | Avdrag finansiella anläggningstillgångar | 0 | 0 | 0 |
| Deduction cash and equivalents | Avdrag likvida medel | -14 | -80 | -50 |
| Rounding | Avrundning | 1 | -1 | – |
| Group | Koncernen | 251 | 475 | 357 |
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) | 2023 Sep 30 | 2022 Sep 30 | 2022 Dec 31 | |
| (MSEK) | 2023 30 sep | 2022 30 sep | 2022 31 dec | |
| Equity excl. IFRS 16 | Eget kapital exkl. IFRS 16 | 1,484 | 1,738 | 1,645 |
| Non-current interest-bearing liabilities and leasing liabilities | Långfristiga räntebärande skulder och leasingskulder | 655 | 970 | 811 |
| Current interest-bearing liabilities and leasing liabilities | Kortfristiga räntebärande skulder och leasingskulder | 104 | 101 | 95 |
| Deduction leasing liabilities | Avdrag leasingskulder | -495 | -515 | -499 |
| Rounding | Avrundning | 1 | – | – |
| Group | Koncernen | 1,749 | 2,294 | 2,052 |
Average capital employed excl. IFRS 16 is an average for each period based on quarterly data.