Alternative performance measures

BE Group present certain alternative performance measures that are not defined in accordance with IFRS accounting standards. These alternative performance measures should be seen as a complement and not a substitute for financial information presented in accordance with the standards. Group management believes that these alternative performance measures provide useful information to analysts, other stakeholders and readers of the interim report about the Group’s operational and financial development.

Underlying operating result (uEBIT)

(SEK M) 2024
Oct-Dec
2023
Oct-Dec
2024
Full-year
2023
Full-year
(MSEK) 2024
okt-dec
2023
okt-dec
2024
helår
2023
helår
Operating result Rörelseresultat -69 -37 -49 -52
Reversal of inventory gains (-)/losses (+) Återläggning lagervinster (-)/förluster (+) 26 20 53 76
Adjustment for items affecting comparability Justering för jämförelsestörande poster 28 47 6
Group Koncernen -15 -17 51 30

Working capital

(SEK M) 2024
Dec 31
2023
Dec 31
(MSEK) 2024
31 dec
2023
31 dec
Inventories Varulager 858 792
Accounts receivable Kundfordringar 419 532
Other receivables Övriga rörelsefordringar 60 88
Deduction accounts payable Avdrag leverantörsskulder -544 -528
Deduction other current liabilities Avdrag övriga kortfristiga skulder -165 -201
Rounding Avrundning
Group Koncernen 628 683
Average working capital is an average for each period based on quarterly data.

Net debt excl. IFRS 16

(SEK M) 2024
Dec 31
2023
Dec 31
(MSEK) 2024
31 dec
2023
31 dec
Non-current interest-bearing liabilities and leasing liabilities Långfristiga räntebärande skulder och leasingskulder 671 710
Current interest-bearing liabilities and leasing liabilities Kortfristiga räntebärande skulder och leasingskulder 107 103
Deduction leasing liabilities Avdrag leasingskulder -428 -479
Deduction financial assets Avdrag finansiella anläggningstillgångar 1 0
Deduction cash and equivalents Avdrag likvida medel -9 -74
Rounding Avrundning -2 -1
Group Koncernen 340 259
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
Dec 31
2023
Dec 31
(MSEK) 2024
31 dec
2023
31 dec
Equity excl. IFRS 16 Eget kapital exkl. IFRS 16 1,396 1,431
Non-current interest-bearing liabilities and leasing liabilities Långfristiga räntebärande skulder och leasingskulder 671 710
Current interest-bearing liabilities and leasing liabilities Kortfristiga räntebärande skulder och leasingskulder 107 103
Deduction leasing liabilities Avdrag leasingskulder -428 -479
Rounding Avrundning
Group Koncernen 1,746 1,765
Average capital employed excl. IFRS 16 is an average for each period based on quarterly data.