Definitions 2019-04-04T16:20:14+00:00

Definitions

Auction Turnover Margin – EBITDA/Auction Turnover.

Auction Turnover – The knockdown price and buyer commission (excluding VAT) for the total number of lots sold through www.lauritz.com, mobile apps, Stockholms Auktionsverk, Helsingborgs Auktionsverk and Karlstad-Hammarö Auktionsverk.

Compounded annual growth rate (CAGR)  – Describes the compounded annual growth rate for a certain period.

EBIT – Earnings before interest and taxes.

EBITDA – Earnings before interest, taxes, depreciations and amortisations.

Investments in operating activities – Cash flow from investing activities less cash flow related to business combinations, less cash flow related to acquired promissory notes and less cash flow related to loans to parent companies.

Net working capital – Inventories, trade receivables and other current receivables less trade payables and other payables.