LHV Group Logo

LHV Group

ISIN

EE3100102203

Ticker

LHV1T

Sector

Financials

Sub-Industry

Diversified Banks

Country

Estonia

Year Founded

1999

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.

Headcount

800

Served Area

Estonia

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

  • Consolidated Report 2021 - Q4 English 🇬🇧
  • Consolidated Report 2021 - Q4 Estonian 🇪🇪
  • Consolidated Report 2020 - Q4

Capital Markets Information

ISIN

EE3100102203

LEI

529900JG015JC10LED24

Industry Group

Banks

Industry

Banks

Sub-Industry

Diversified Banks

Listed Stock Exchange

Nasdaq Baltic

Stock Index

OMX Baltic 10

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