AS LHV PankRegistered
Key figures
Ratios
Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 24 204 420 € | 839 | 7 201 408 € |
| Q2 2026 | 42 975 572 € | 864 | 7 259 313 € |
| Q1 2026 | 16 256 499 € | 845 | 6 806 483 € |
| Q4 2025 | 20 394 336 € | 832 | 7 127 073 € |
| Q3 2025 | 21 873 325 € | 829 | 6 971 551 € |
| Q2 2025 | 20 431 951 € | 826 | 6 987 275 € |
| Q1 2025 | 26 329 894 € | 803 | 7 148 795 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2025
| 2019 † | 2020 † | 2021 † | 2022 † | 2023 † | 2024 † | 2025 † | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 2 980 468 000 | 4 912 462 000 | 6 781 923 000 | 6 027 309 000 | 6 716 316 000 | — | — |
| Total non-current assets | 7 599 000 | 7 658 000 | 9 697 000 | 14 046 000 | 18 865 000 | — | — |
| Total assets | 2 988 067 000 | 4 920 120 000 | 6 791 620 000 | 6 041 355 000 | 6 735 181 000 | 7 915 423 000 | 8 755 398 000 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | — | — | — | — | — | — | — |
| Non-current liabilities | — | — | — | — | — | — | — |
| Total liabilities | — | — | — | — | — | — | — |
| Share capital | 95 500 000 | 106 500 000 | 111 500 000 | 141 500 000 | 141 500 000 | — | — |
| Retained earnings of previous periods | 40 605 000 | 56 303 000 | 84 238 000 | 141 984 000 | 218 089 000 | — | — |
| Profit for the year | 17 772 000 | 31 292 000 | 61 409 000 | 78 440 000 | 140 125 000 | — | — |
| Reserves and other equity | 3 237 000 | 4 022 000 | 5 648 000 | 8 736 000 | 12 669 000 | — | — |
| Total equity | 157 114 000 | 198 117 000 | 262 795 000 | 370 660 000 | 512 383 000 | — | — |
| Income statement | |||||||
| Sales revenue | 75 450 000 | 108 676 000 | 162 794 000 | 193 788 000 | 342 598 000 | 434 586 000 | 413 270 000 |
| Operating profit | — | — | — | 86 278 000 | — | — | — |
| Profit before income tax | 20 289 000 | 36 032 000 | 70 781 000 | 90 745 000 | 162 320 000 | — | — |
| Profit for the reporting year | 17 772 000 | 31 292 000 | 61 409 000 | 78 440 000 | 140 125 000 | — | — |
| Labour costs | — | — | — | 31 629 000 | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — |
| Other indicators | |||||||
| Employees | 400 | 476 | 591 | 741 | 805 | 906 | 876 |
| Calculated dividend | — | — | — | — | — | — | — |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report. † Figures for the marked years come from a report filed as PDF and may be incomplete.
Risks and obligationsAll clear1 for information
Data from public registers, not a credit rating.
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Public procurement
3 contractsPublic contracts won worth 0 € from 1 contracting authorities (02.10.2023–03.10.2023). Plus 1 framework agreements shared with other suppliers (not included in the total).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Elektrooniliste maksete vastuvõtmise teenus Baltikumis | Aktsiaselts Eesti Post | up to 78 000 € | 03.10.2023 |
| Elektrooniliste maksete vastuvõtmise teenus Baltikumis | Aktsiaselts Eesti Post | up to 123 000 € | 03.10.2023 |
| Elektrooniliste maksete vastuvõtmise teenus Baltikumis | Aktsiaselts Eesti Post | up to 225 000 € | 02.10.2023 |
Source: Public Procurement Register open data from October 2023. All public tenders
Summary: AS LHV Pank
Overview
AS LHV Pank (registry code 10539549) is a public limited company (AS). The company was entered in the Commercial Register in 1999 and has been registered for 27 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is krediidiasutused (EMTAK 64191). The company is registered for VAT (VAT number EE100530247).
Financial results
Revenue in financial year 2025 was 413 270 000 €, down 4,9% on the previous year (434 586 000 €). From 2019 to 2025, revenue grew by an average of 32,8% per year. Net profit for financial year 2023 was 140 125 000 € (40,9% of revenue). The company was profitable in all 5 published financial years. In financial year 2025 the company had 876 employees (906 a year earlier). Revenue per employee was 471 769 €. At the end of financial year 2023, total assets were 6 735 181 000 € and equity 512 383 000 € (7,6% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 24 204 420 €, up 10,7% on the same quarter a year earlier. The company had 839 employees in that quarter. Labour taxes paid in the quarter: 7 201 408 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 5090 € per month.
Management and owners
The management board has 5 members. The supervisory board has 7 members. The sole owner of the company is AS LHV Group.
Data sources and freshness
Register data (name, address, legal form, management board and owners) come from the Commercial Register of the Centre of Registers and Information Systems (RIK); changes are read from RIK every night. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 08.04.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (529900GJOSVHI055QR67) comes from the GLEIF database. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.