Safe at Sea AB (XSAT:SAFE) Net Income: kr2.49 Mil (TTM As of Mar. 2026)

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XSAT:SAFE Safe at Sea AB XSAT:SAFE
42 GF Score
Price kr1.12
GF Value kr0.98
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Safe at Sea AB Net Income?

Safe at Sea AB XSAT:SAFE +3.23% 42 Net Income is kr2.49 Mil as of Mar. 2026. GuruFocus rates XSAT:SAFE with a GF Score™ of 42/100 and a GF Value™ of kr0.98 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Safe at Sea AB's Net Income for the three months ended in Mar. 2026 was kr0.24 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was kr2.49 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Safe at Sea AB's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was kr0.01.


Safe at Sea AB  (XSAT:SAFE) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Safe at Sea AB's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Safe at Sea AB Net Income Related Terms


Safe at Sea AB Net Income Historical Data

* Premium members only.

The historical data trend for Safe at Sea AB's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Safe at Sea AB Net Income Chart

Safe at Sea AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.18 -3.24 1.07 1.64 2.41

Safe at Sea AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.17 0.77 1.29 0.18 0.24
XSAT:SAFE
42GF Score
Safe at Sea AB XSAT:SAFE
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Safe at Sea AB Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Safe at Sea AB's Net Income for the fiscal year that ended in Dec. 2025 is calculated as

Net Income(A: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=2.414+0+0+0
=2.41

Safe at Sea AB's Net Income for the quarter that ended in Mar. 2026 is calculated as

Net Income(Q: Mar. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0.241+0+0+-0.001
=0.24

Net Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr2.49 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of kr2.49 Mil mean?
Safe at Sea AB (XSAT:SAFE) has a Net Income of kr2.49 Mil as of Mar. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Safe at Sea AB and its competitors.
Is Safe at Sea AB's Net Income too high?
Safe at Sea AB's current Net Income is kr2.49 Mil. Overall, Safe at Sea AB has a GF Score™ of 42/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Safe at Sea AB's Net Income compare to ALLE and MSA?
Safe at Sea AB's Net Income of kr2.49 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Business Services company?
A good Net Income depends on the Business Services industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Safe at Sea AB and its competitors. Safe at Sea AB's current Net Income is kr2.49 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safe at Sea AB stock overvalued right now?
Based on GuruFocus' analysis, Safe at Sea AB (XSAT:SAFE) is currently considered Modestly Overvalued. The stock's GF Value™ is kr0.98, compared to a current price of kr1.12 — trading 14.3% above its estimated fair value. The current Net Income is kr2.49 Mil. Safe at Sea AB's overall GF Score™ is 42/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Safe at Sea AB (XSAT:SAFE), the current Net Income is kr2.49 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Safe at Sea AB (XSAT:SAFE) Overvalued in 2026?

Based on GuruFocus' analysis, Safe at Sea AB stock appears to be overvalued. The current stock price of kr1.12 is trading 14.3% above its estimated GF Value™ of kr0.98. GuruFocus considers Safe at Sea AB to be Modestly Overvalued.

Key valuation signals for XSAT:SAFE:

  • Net Income: kr2.49 Mil
  • GF Value™: kr0.98 vs. price of kr1.12 (14.3% above fair value)
  • GF Score™: 42/100 with 3 warning signs

No single metric tells the full story. See the XSAT:SAFE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Safe at Sea AB Business Description

Address Importgatan 15F, Hisings Backa, SWE, 442 46
Safe at Sea AB engages in the production, promotion, and sale of sea rescue equipment and systems worldwide. It principally produces Rescuerunner and Guardrunner.
42GF Score

Get the complete analysis for XSAT:SAFE

Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr1.12
Price
kr0.98
GF Value