LHV Group Logo

LHV Group

ISIN: EE3100102203 | Ticker: LHV1T | LEI: 529900JG015JC10LED24
Sector: FinancialsSub-Industry: Diversified Banks
Country: Estonia

About LHV Group

Company Description

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.

Year founded

1999

Served area

Estonia

Headcount

800

Headquarters

Tartu Maantee 2, 10145 Tallinn – Estonia

Financial statements

Download as Excel
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.

Filings & Publications

2021

Report
Q1
H1
Q3
FY
Consolidated Report
ENG / EST
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

2020

Report
Q1
H1
Q3
FY
Consolidated Report
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

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Capital markets information

ISIN

EE3100102203

LEI

529900JG015JC10LED24

Sector

Financials

Industry Group

Banks

Industry

Banks

Sub-Industry

Diversified Banks

Listed Stock Exchange

Nasdaq Baltic

Stock Index

OMX Baltic 10

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