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AS LHV Paytech

RegisteredPublic limited company (AS)Registry code 12280690

Key factsKesklinna linnaosa, Other financial service activities, except insurance and pension funding n.e.c.
Registry code
12280690
VAT number
EE101703675
Registered
08 May 2012
Address
Harju maakond, Tallinn, Kesklinna linnaosa, Tartu mnt 2Harju maakondTallinnKesklinna linnaosa
Base map and address location: Estonian Land and Spatial Development Board
Capital
€1,679,422
Financial year ends
31.12
Open in the business register

Charts

Revenue and net profit

From the annual reports (RIK).

Profit margin

From the annual reports (RIK).

Balance sheet structure

Equity and liabilities add up to total assets. From the annual reports.

Turnover and employees by quarter

Tax board quarterly data, last 12 quarters.

Annual report figures

Unconsolidated reports, amounts in euros. Employees are the annual average in full-time equivalents (FTE).

Download CSV
2025202420232022202120202019
Income statement
Revenue€4,603,401
+9.2%
€4,214,573
+25%
€3,366,890
+107%
€1,629,795
+31%
€1,245,144
+97%
€630,893
+50%
€421,162
Operating profit−€315,432€668,836€520,951−€449,576−€465,278−€737,975−€403,182
Net profit−€306,406
−146%
€665,111
+39%
€478,631
+204%
−€462,115
+4.7%
−€484,928
+35%
−€749,078
−87%
−€401,007
Profit margin−6.7%16%14%−28%−39%−119%−95%
Labour costs−€2,271,461−€2,021,255−€1,769,638−€1,362,928−€1,108,675−€879,184−€526,976
Balance sheet
Total assets€986,223
−53%
€2,085,971
+28%
€1,626,219
+32%
€1,236,612
+21%
€1,019,505
+16%
€880,512
+28%
€690,528
Current assets€986,099€1,102,196€466,228€170,060€143,059€131,581€55,601
Cash€655,233€776,470€347€112€3,689€34,632€47,100
Current liabilities€570,666€453,942€686,468€782,158€459,205€120,002€130,715
Non-current liabilities€0€0€0€0€288,817€0€62,875
Equity€415,557
−75%
€1,632,029
+74%
€939,751
+107%
€454,454
+67%
€271,483
−64%
€760,510
+53%
€496,938
Ratios and staff
Current ratio1.732.430.680.220.311.100.43
Employees (FTE)28282522231812
Revenue per employee€164,407€150,520€134,676€74,082€54,137€35,050€35,097

Tax board quarterly data

Taxes paid during the quarter, turnover from VAT returns and head count on the last day of the quarter.

QuarterTurnoverState taxesLabour taxesEmployeesAverage salary (estimate)
2026 Q2€374,944€178,927€179,26223€4,696
2026 Q1€456,141€282,930€276,66123€7,104
2025 Q4€498,665€235,319€233,29726€5,103
2025 Q3€517,539€247,916€244,57926€5,350
2025 Q2€508,623€232,402€226,96628€4,610
2025 Q1€559,110€227,110€227,80627€4,799
2024 Q4€482,085€240,154€222,79327€4,853
2024 Q3€578,074€219,129€203,12829€4,119
2024 Q2€455,611€195,280€180,41028€3,789
2024 Q1€429,883€241,548€189,56227€4,129
2023 Q4€410,151€205,396€202,92827€4,420
2023 Q3€319,696€175,440€177,75526€4,021
2023 Q2€264,093€164,885€166,51327€3,627
2023 Q1€245,456€142,342€145,63326€3,294
2022 Q4€256,819€139,920€135,90224€3,330
2022 Q3€311,952€105,116€91,15923€2,331
2022 Q2€253,933€140,067€132,44524€3,245
2022 Q1€306,639€137,249€124,18825€2,921

Tax debt

This company is not on the tax board's list of debtors as of 06 Oct 2026.

Source: the tax board's list of legal persons with tax debt. Each month shows its last snapshot. Not being on the list does not prove there is no tax debt.

What these figures mean

Tax board turnover sums the quarter's VAT returns, including reverse-charged purchases. It is not annual report revenue and the two are not added up. Turnover months lag the quarter by one month.

Quarterly head count is the employment register on the quarter's last day, excluding board members. Annual report FTE is the year's average in full-time equivalents.

Average salary is an estimate: the gross monthly salary per employee that the labour taxes imply. Labour taxes are paid, not earned, in the quarter, and part-time staff and tax exemptions skew the result.

The current ratio shows how many euros of current assets there are for each euro of current liabilities.