AS LHV Kindlustus
AS LHV Kindlustus is a AS based in Tallinn, registry code 14973611, status: active. Main activity: Non-life insurance. Its annual report for 2025 shows revenue of €41 080 547 and 57 employees.
Q3 2026 · data from the Tax and Customs Board (EMTA)
Position in the industry
- Labour taxes per employee 6 085 €above 63% of companiesindustry median 5 248 € · companies in the industry: 25
- Revenue · 2025 41.1 mn €above 82% of companiesindustry median 87 188 € · companies in the industry: 31
- Net profit margin · 2025 6.1 %above 35% of companiesindustry median 14.1 % · companies in the industry: 23
Taxes and turnover
- Company
- Industry median
Industry: Insurance, reinsurance and pension funding, except compulsory social security (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Insurance, reinsurance and pension funding, except compulsory social security (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Quarter | Turnover, € | State taxes, € | Labour taxes, € | Employees |
|---|---|---|---|---|
| Q3 2026 | — | 376 651 | 401 596 | 66 |
| Q2 2026 | 122 626 | 388 296 | 387 985 | 65 |
| Q1 2026 | 222 068 | 462 107 | 420 303 | 64 |
| Q4 2025 | 170 293 | 401 573 | 385 683 | 55 |
| Q3 2025 | 129 189 | 403 837 | 405 527 | 53 |
| Q2 2025 | 153 876 | 390 543 | 383 033 | 55 |
| Q1 2025 | 175 479 | 408 730 | 392 182 | 55 |
| Q4 2024 | 112 258 | 350 675 | 344 837 | 58 |
| Q3 2024 | 100 153 | 343 852 | 343 458 | 58 |
| Q2 2024 | 42 188 | 321 292 | 332 251 | 59 |
| Q1 2024 | 93 524 | 324 943 | 320 899 | 56 |
| Q4 2023 | 100 613 | 271 708 | 266 443 | 53 |
| Q3 2023 | 59 361 | 298 170 | 303 767 | 48 |
| Q2 2023 | 85 603 | 241 974 | 239 051 | 45 |
| Q1 2023 | 56 391 | 247 284 | 246 381 | 41 |
| Q4 2022 | 40 200 | 204 659 | 206 150 | 39 |
| Q3 2022 | 35 590 | 175 437 | 178 769 | 33 |
| Q2 2022 | 21 352 | 163 453 | 168 833 | 34 |
| Q1 2022 | 10 882 | 151 901 | 156 910 | 31 |
Q3 2026 · calculated from EMTA data
Financials by year
- Company
- Industry median
Industry: Insurance, reinsurance and pension funding, except compulsory social security (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Insurance, reinsurance and pension funding, except compulsory social security (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Insurance, reinsurance and pension funding, except compulsory social security (the EMTAK division of the main activity). Median: half of the industry is above, half below.
- Company
- Industry median
Industry: Insurance, reinsurance and pension funding, except compulsory social security (the EMTAK division of the main activity). Median: half of the industry is above, half below.
| Year | Revenue, € | Net profit, € | Labour costs, € | Assets, € | Equity, € | Employees |
|---|---|---|---|---|---|---|
| 2025 | 41 080 547 | 2 521 000 | — | 28 625 000 | 9 076 000 | 57 |
| 2024 | 34 968 684 | 1 198 000 | — | 25 912 000 | 6 483 000 | 60 |
| 2023 | 26 037 973 | 304 690 | — | 21 824 460 | 5 246 802 | 51 |
| 2022 | 17 138 236 | — | — | 29 892 298 | — | 39 |
| 2021 | 2 174 967 | -822 966 | — | 14 858 893 | 6 647 358 | 29 |
| 2020 | 0 | -550 509 | 398 080 | 7 582 638 | 7 449 491 | 11 |
Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.
Financial ratios for 2025
Annual reports
| Year | Period | Filed | Report | Documents |
|---|---|---|---|---|
| 2025 | 1 Jan 2025 – 31 Dec 2025 | 27 Mar 2026 | Company’s own · audited | e-Äriregister |
| 2024 | 1 Jan 2024 – 31 Dec 2024 | 30 Apr 2025 | Company’s own · audited | e-Äriregister |
| 2023 | 1 Jan 2023 – 31 Dec 2023 | 15 May 2024 | Company’s own · audited | e-Äriregister |
| 2022 | 1 Jan 2022 – 31 Dec 2022 | 30 Apr 2023 | Company’s own · audited | e-Äriregister |
| 2021 | 1 Jan 2021 – 31 Dec 2021 | 26 Apr 2022 | Company’s own · audited | e-Äriregister |
| 2020 | 18 May 2020 – 31 Dec 2020 | 29 Apr 2021 | Company’s own · audited | e-Äriregister |
Board
- Nasdaq CSD SEKeeper of the share ledger · since 18 May 2020
- Martti-Sten MerilaiBoard member · since 25 Nov 2022
- Taavi LehemaaBoard member · since 12 Dec 2023
Right of representation
Any member of the management board may represent the public limited company in all transactions.
Owners
No owner information.
Beneficial owners
- Mihkel TorimMember of a senior management body (management or supervisory board) · since 19 Sep 2025
Founders and other persons
- AS LHV GroupFounder · 812 500 € · 6 May 2020
- Toveko Invest OÜFounder · 437 500 € · 6 May 2020
- Aktsiaselts PricewaterhouseCoopersAudit firm · 4 Mar 2024
- Mihkel TorimChairman of the supervisory board · 15 Oct 2025
- Erki KiluSupervisory board member · 30 Apr 2025
- Jaan KoppelSupervisory board member · 30 Apr 2025
- Veiko PoolgasSupervisory board member · 30 Apr 2025
- Omanikukonto: AS LHV GroupShareholder · 5 200 000 € · 16 Aug 2023
- Omanikukonto: TOVEKO INVEST OÜShareholder · 2 800 000 € · 16 Aug 2023
Related companies
Activities (EMTAK)
- 65121Non-life insurance Main
Rulings
All rulings (PDF)| Number, date | Title | Deadline | State | Document |
|---|---|---|---|---|
| Ä 50146506 / M2 8 May 2024 |
Ruling to eliminate deficiencies in the annual report | 7 Jun 2024 | Deficiencies eliminated 15 May 2024 |
|
| Ä 50146506 / 10 5 Mar 2024 |
Amendment under Code of Civil Procedure § 595¹ (1) | In force 5 Mar 2024 |
||
| Ä 50146506 / 9 12 Dec 2023 |
Amendment entry | In force 12 Dec 2023 |
||
| Ä 50146506 / 8 3 Jul 2023 |
Amendment entry | In force 3 Jul 2023 |
||
| Ä 50146506 / 7 25 Nov 2022 |
Amendment entry | In force 25 Nov 2022 |
||
| Ä 50146506 / 6 3 Oct 2022 |
Amendment entry | In force 3 Oct 2022 |
||
| Ä 50146506 / 5 11 Dec 2020 |
Amendment entry | In force 11 Dec 2020 |
||
| Ä 50146506 / 4 3 Nov 2020 |
Amendment entry | In force 3 Nov 2020 |
||
| Ä 50146506 / M1 2 Sep 2020 |
Ruling to eliminate deficiencies | 12 Sep 2020 | Deficiencies eliminated 2 Sep 2020 |
|
| Ä 50146506 / 3 2 Sep 2020 |
Amendment entry | In force 2 Sep 2020 |
||
| Ä 50146506 / 2 1 Sep 2020 |
Amendment entry | In force 1 Sep 2020 |
||
| Ä 50146506 18 May 2020 |
First entry | In force 18 May 2020 |
Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data