LHV was founded in 1999, by Rain Lõhmus and Andres Viisemann. We have over 800 people working for us. Our offices are located in Tallinn, Tartu and Pärnu. More than 530,000 clients are using our banking services, LHV’s leading pension funds have nearly 174,000 clients and LHV Kindlustus protects a total of 136,000 clients. We are more innovative than the other banks and we have the strongest investment and entrepreneurship experience.
LHV Group AS operates as a holding company. The company provides banking, security brokerage, financial advisory, finance lease and other lending services in Estonia. The company operates in the below segments namely Retail banking, Financial intermediates, Asset Management; Hire-purchase and consumer finance; Corporate banking and Insurance.
1999
Served areaEstonia
Headcount800
HeadquartersTartu Maantee 2, 10145 Tallinn – Estonia
Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 |
---|---|---|---|
Assets | N/A | 4,971,407,000.00 | 6,844,933,000.00 |
Property Plant And Equipment | N/A | 2,780,000.00 | 4,517,000.00 |
Goodwill | N/A | 3,614,000.00 | 3,614,000.00 |
Intangible Assets Other Than Goodwill | N/A | 15,147,000.00 | 11,825,000.00 |
Cash and cash equivalents | 1,244,727,000.00 | 2,352,284,000.00 | 3,930,012,000.00 |
Equity And Liabilities | N/A | 4,971,407,000.00 | 6,844,933,000.00 |
Equity | 206,028,000.00 | 245,276,000.00 | 324,801,000.00 |
Issued Capital | N/A | 28,819,000.00 | 29,864,000.00 |
Retained Earnings | N/A | 128,385,000.00 | 179,746,000.00 |
Share Premium | N/A | 71,468,000.00 | 97,361,000.00 |
Other Reserves | N/A | 3,409,000.00 | 4,733,000.00 |
Statutory Reserve | N/A | 4,713,000.00 | 4,713,000.00 |
Equity Attributable To Owners Of Parent | N/A | 236,794,000.00 | 316,417,000.00 |
Noncontrolling Interests | N/A | 8,482,000.00 | 8,384,000.00 |
Liabilities | N/A | 4,726,131,000.00 | 6,520,132,000.00 |
Line item in (eur) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
---|---|---|
Interest Revenue Calculated Using Effective Interest Method | 84,479,000.00 | 118,990,000.00 |
Revenue From Interest | 88,373,000.00 | 124,641,000.00 |
Other Income | 146,000.00 | 534,000.00 |
Employee Benefits Expense | 23,910,000.00 | 31,322,000.00 |
Other Expense By Nature | 27,000.00 | 4,000.00 |
Impairment Loss Impairment Gain And Reversal Of Impairment Loss Determined In Accordance With I F R S9 | 10,898,000.00 | 3,948,000.00 |
Profit Loss Before Tax | 48,672,000.00 | 71,249,000.00 |
Income Tax Expense Continuing Operations | 8,826,000.00 | 10,986,000.00 |
Profit (loss) | 39,846,000.00 | 60,263,000.00 |
Profit Loss Attributable To Owners Of Parent | 37,950,000.00 | 58,261,000.00 |
Profit Loss Attributable To Noncontrolling Interests | 1,896,000.00 | 2,002,000.00 |
Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 |
---|---|---|---|
Profit (loss) | N/A | 39,846,000.00 | 60,263,000.00 |
Interest Paid Classified As Operating Activities | N/A | 21,286,000.00 | 29,888,000.00 |
Interest Received Classified As Operating Activities | N/A | 87,144,000.00 | 124,692,000.00 |
Income Taxes Paid Refund Classified As Operating Activities | N/A | 5,002,000.00 | 10,798,000.00 |
Other Inflows Outflows Of Cash Classified As Operating Activities | N/A | -93,000.00 | -845,000.00 |
Cash Flows From Used In Operating Activities | N/A | 1,368,330,000.00 | 1,281,579,000.00 |
Cash Flows From Used In Investing Activities | N/A | -292,197,000.00 | 181,469,000.00 |
Proceeds From Issuing Shares | N/A | 1,697,000.00 | 26,938,000.00 |
Payments Of Lease Liabilities Classified As Financing Activities | N/A | 1,278,000.00 | 1,254,000.00 |
Dividends Paid Classified As Financing Activities | N/A | 6,838,000.00 | 10,458,000.00 |
Cash Flows From Used In Financing Activities | N/A | 31,381,000.00 | 114,614,000.00 |
Effect Of Exchange Rate Changes On Cash And Cash Equivalents | N/A | 43,000.00 | 66,000.00 |
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | N/A | 1,107,557,000.00 | 1,577,728,000.00 |
Cash and cash equivalents | 1,244,727,000.00 | 2,352,284,000.00 | 3,930,012,000.00 |
Please note that some sums might not add up.
EE3100102203
LEI529900JG015JC10LED24
SectorOMX Baltic 10
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