LHV Group AS
F:ASU0
Balance Sheet
Balance Sheet Decomposition
LHV Group AS
LHV Group AS
Balance Sheet
LHV Group AS
| Dec-2010 | Dec-2011 | Dec-2012 | Dec-2013 | Dec-2014 | Dec-2015 | Dec-2016 | Dec-2017 | Dec-2018 | Dec-2019 | Dec-2020 | Dec-2021 | Dec-2022 | Dec-2023 | Dec-2024 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||||||
| Net Loans |
38
|
67
|
106
|
207
|
301
|
410
|
538
|
732
|
919
|
1 687
|
2 209
|
2 677
|
3 209
|
3 562
|
4 552
|
5 465
|
|
| Investments |
41
|
105
|
144
|
94
|
175
|
179
|
168
|
345
|
252
|
422
|
1 048
|
1 337
|
1 119
|
1 279
|
1 458
|
1 698
|
|
| PP&E Net |
0
|
1
|
1
|
1
|
0
|
1
|
1
|
1
|
1
|
7
|
7
|
9
|
17
|
22
|
18
|
12
|
|
| PP&E Gross |
0
|
1
|
1
|
1
|
0
|
1
|
1
|
1
|
1
|
7
|
7
|
9
|
17
|
22
|
18
|
0
|
|
| Accumulated Depreciation |
1
|
1
|
1
|
1
|
2
|
2
|
2
|
3
|
3
|
4
|
6
|
7
|
11
|
18
|
23
|
0
|
|
| Intangible Assets |
0
|
1
|
1
|
1
|
1
|
1
|
5
|
4
|
16
|
15
|
15
|
12
|
14
|
14
|
14
|
12
|
|
| Goodwill |
1
|
1
|
1
|
1
|
1
|
1
|
4
|
4
|
4
|
4
|
4
|
4
|
11
|
9
|
9
|
8
|
|
| Long-Term Investments |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Customer Acceptances Liabilities |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Long-Term Assets |
0
|
0
|
0
|
0
|
16
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Assets |
4
|
2
|
3
|
6
|
5
|
5
|
9
|
17
|
12
|
11
|
17
|
19
|
39
|
67
|
21
|
27
|
|
| Total Assets |
132
N/A
|
235
+78%
|
317
+35%
|
415
+31%
|
556
+34%
|
757
+36%
|
935
+24%
|
1 773
+90%
|
1 677
-5%
|
3 032
+81%
|
4 971
+64%
|
6 845
+38%
|
6 135
-10%
|
7 093
+16%
|
8 736
+23%
|
10 233
+17%
|
|
| Liabilities | |||||||||||||||||
| Accounts Payable |
1
|
2
|
2
|
5
|
3
|
4
|
4
|
9
|
3
|
8
|
4
|
2
|
3
|
152
|
97
|
64
|
|
| Accrued Liabilities |
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
3
|
3
|
4
|
6
|
0
|
|
| Short-Term Debt |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Current Portion of Long-Term Debt |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
219
|
304
|
0
|
|
| Total Deposits |
114
|
212
|
279
|
352
|
457
|
617
|
776
|
1 537
|
1 422
|
2 698
|
4 119
|
5 809
|
4 900
|
5 731
|
6 910
|
8 134
|
|
| Other Interest Bearing Liabilities |
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Current Liabilities |
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
3
|
11
|
13
|
0
|
|
| Total Current Liabilities |
2
|
3
|
3
|
6
|
4
|
6
|
6
|
11
|
6
|
11
|
8
|
6
|
9
|
386
|
419
|
64
|
|
| Long-Term Debt |
5
|
4
|
13
|
23
|
34
|
46
|
32
|
37
|
72
|
105
|
582
|
660
|
724
|
481
|
746
|
1 251
|
|
| Minority Interest |
0
|
0
|
0
|
2
|
2
|
3
|
5
|
8
|
4
|
5
|
9
|
8
|
8
|
8
|
9
|
9
|
|
| Other Liabilities |
0
|
1
|
2
|
2
|
2
|
15
|
14
|
60
|
20
|
11
|
18
|
45
|
81
|
85
|
59
|
17
|
|
| Total Liabilities |
121
N/A
|
220
+82%
|
296
+34%
|
385
+30%
|
500
+30%
|
687
+37%
|
833
+21%
|
1 653
+98%
|
1 524
-8%
|
2 831
+86%
|
4 735
+67%
|
6 529
+38%
|
5 722
-12%
|
6 545
+14%
|
8 066
+23%
|
9 475
+17%
|
|
| Equity | |||||||||||||||||
| Common Stock |
9
|
14
|
17
|
19
|
23
|
23
|
25
|
26
|
26
|
29
|
29
|
30
|
32
|
32
|
32
|
33
|
|
| Retained Earnings |
4
|
13
|
15
|
11
|
2
|
13
|
31
|
48
|
81
|
102
|
137
|
189
|
240
|
373
|
491
|
578
|
|
| Additional Paid In Capital |
6
|
13
|
19
|
22
|
34
|
34
|
46
|
46
|
47
|
70
|
72
|
97
|
141
|
143
|
147
|
155
|
|
| Treasury Stock |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
7
|
|
| Total Equity |
11
N/A
|
14
+35%
|
21
+49%
|
30
+44%
|
56
+84%
|
70
+25%
|
102
+46%
|
120
+17%
|
154
+28%
|
201
+31%
|
237
+18%
|
316
+34%
|
413
+31%
|
548
+33%
|
670
+22%
|
758
+13%
|
|
| Total Liabilities & Equity |
132
N/A
|
235
+78%
|
317
+35%
|
415
+31%
|
556
+34%
|
757
+36%
|
935
+24%
|
1 773
+90%
|
1 677
-5%
|
3 032
+81%
|
4 971
+64%
|
6 845
+38%
|
6 135
-10%
|
7 093
+16%
|
8 736
+23%
|
10 233
+17%
|
|
| Shares Outstanding | |||||||||||||||||
| Common Shares Outstanding |
9
|
14
|
18
|
19
|
24
|
24
|
26
|
26
|
26
|
29
|
29
|
30
|
315
|
320
|
324
|
328
|
|