Safe at Sea Past Earnings Performance

Past criteria checks 2/6

Safe at Sea has been growing earnings at an average annual rate of 15.2%, while the Machinery industry saw earnings growing at 12.8% annually. Revenues have been growing at an average rate of 10.7% per year. Safe at Sea's return on equity is 9.8%, and it has net margins of 7.1%.

Key information

15.2%

Earnings growth rate

50.4%

EPS growth rate

Machinery Industry Growth9.2%
Revenue growth rate10.7%
Return on equity9.8%
Net Margin7.1%
Next Earnings Update30 Apr 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Safe at Sea makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NGM:SAFE Revenue, expenses and earnings (SEK Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2315170
30 Sep 2314080
30 Jun 2314080
31 Mar 2313-280
31 Dec 2210-380
30 Sep 2210-580
30 Jun 229-580
31 Mar 2210-580
31 Dec 2112-380
30 Sep 2113-180
30 Jun 2111-180
31 Mar 2110-180
31 Dec 2010-170
30 Sep 208-270
30 Jun 209-270
31 Mar 209-270
31 Dec 197-480
30 Sep 198-380
30 Jun 198-380
31 Mar 199-380
31 Dec 1810-280
30 Sep 1813-390
30 Jun 1813-390
31 Mar 1814-4100
31 Dec 1714-4110
30 Sep 1710-6110
30 Jun 179-6110
31 Mar 178-5100
31 Dec 167-590
30 Sep 1610-270
30 Jun 1611-180
31 Mar 1611-270
31 Dec 1512-170
30 Sep 1511-150
30 Jun 1510040
31 Mar 1511050
31 Dec 1411050
30 Sep 1413080
30 Jun 1413080
31 Mar 1410070
31 Dec 138050
30 Jun 134-130

Quality Earnings: SAFE has a high level of non-cash earnings.

Growing Profit Margin: SAFE became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SAFE has become profitable over the past 5 years, growing earnings by 15.2% per year.

Accelerating Growth: SAFE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: SAFE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (4.9%).


Return on Equity

High ROE: SAFE's Return on Equity (9.8%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/04/29 12:19
End of Day Share Price 2024/01/31 00:00
Earnings2023/12/31
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Safe at Sea AB (publ) is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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