Financial Information And Reports

  • Reports
    Interim information Annual information
    3 months 6 months 9 months 12 months
    2024 FSH IR

    FSH

    2023 FSH IR
    FSH
    FSH FSH

    AAI

    AAI (pdf)

    RR

    2022 FSH IR
    FSH
    FSH FSH 
    AAI
    AAI (pdf)
    RR 
    2021 FSH IR
    FSH
    FSH FSH
    AAI2
    RR
    2020 FSH FS
    FSH
    MS
    IR
    FSH FSH
    AAI2
    RR
    2019 FSH FS
    FSH
    MS
    IR
    FSH FSH
    AAI2
    MS
    2018 FS
    FSH
    MS
    IR-FS
    FSH
    MS
    FS
    FSH
    MS
    FS
    FSH
    MS
    AAI2
    FSH
    MS
    2017 FSH IR-FS
    MS
    FSH FSH AAI2
    MS
    2016 FSH IR
    FS
    MS
    FSH FSH AAI2
    MS
    2015 FS
    MS
    IR
    FS
    MS
    FS
    MS
    FSH MS
    AAI2
    2014 IR-FS
    FSH
    MS
    FS
    FSH
    MS
    FS
    FSH (EUR) FSH (LTL)
    MS
    AAI1
    MS
    AAI2

    IR – interim result (together with financial statements, interim report and management statement)
    FS – financial statements
    MS – management statement
    IR – interim report
    AAI1 – annual audited information (code 303299817)
    AAI2– annual audited information (code 300893533)
    FSH – fact sheet
    RR – remuneration report

  • Net asset value
    Date Net asset value per share, EUR Net asset value of the company, EUR
    13-07-2016* 1.9635 23,906,150.00
    30-09-2016 1.9425 23,650,988.20
    31-12-2016 1.6203 19,727,654.99
    31-03-2017 1.5819 19,259,953.53
    30-06-2017 1.6220 19,748,704.83
    30-09-2017 1.6379 19,941,795.21
    31-12-2017 1.9557 23,811,752.53
    31-03-2018 1.9180 23,351,694.00
    30-06-2018 1.9306 23,505,653.11
    30-09-2018 1.9642 23,914,761.87
    31-12-2018 2.3018 28,024,654.44
    31-03-2019 2.2746 27,694,139.15
    30-06-2019 2.2714 27,654,929.18
    30-09-2019 2.2541 27,444,705.03
    31-12-2019 2.3784 28,958,136.53
    31-03-2020 2.3687 28,839,349.71
    30-06-2020 2.4001 29,221,994.32
    30-09-2020 2.4533 29,870,274.97
    31-12-2020 2.7700 33,725,238.88
    31-03-2021 2.8230 34,371,343.54
    30-06-2021 2.8777 35,037,213.09
    30-09-2021 2.8964 35,264,312.70
    31-12-2021 2.9936 36,125,378.00
    31-03-2022 3.0509 36,818,072.00
    30-06-2022 3.1017 37,431,916.00
    30-09-2022 3.0948 37,349,070.00
    31-12-2022 3.1711 38,270,309.00
    31-03-2023 3.1402 37,897,611.00
    30-06-2023 3.1409 37,906,286.00
    30-09-2023 3.1327 37,807,368.00
    31-12-2023 3.6052 43,528,832.00
    31-03-2024 3.6281 43,807,390.00
    30-06-2024 3.6658 43,951,275.00

    Change in net asset value per share

    Date From inception Quarter
    30-09-2016 -1.07%
    31-12-2016 -17.48% -16.59%
    31-03-2017 -19.43% -2.37%
    30-06-2017 -17.39% 2.53%
    30-09-2017 -16.58% 0.98%
    31-12-2017 -0.40% 19.40%
    31-03-2018 -2.32% -1.93%
    30-06-2018 -1.68% 0.66%
    30-09-2018 0.04% 1.74%
    31-12-2018 17.23% 17.19%
    31-03-2019 15.84% -1.18%
    30-06-2019 15.68% -0.14%
    30-09-2019 14.80% -0.76%
    31-12-2019 21.13% 5.51%
    31-03-2020 20.64% -0.41%
    30-06-2020 22.24% 1.33%
    30-09-2020 24.95% 2.22%
    31-12-2020 41.07% 12.91%
    31-03-2021 43.78% 1.92%
    30-06-2021 46.56% 1.94%
    30-09-2021 47.51% 0.65%
    31-12-2021 52.46% 3.36%
    31-03-2022 55.38% 1.91%
    30-06-2022 57.97% 1.67%
    30-09-2022 57.62% -0.22%
    31-12-2022 61.50% 2.47%
    31-03-2023 59.93% -0.97%
    30-06-2023 59.96% 0.02%
    30-09-2023 59.55% -0.26%
    31-12-2023 83.61% 15.08%
    31-03-2024 84.78% 0.64%
    30-06-2024 86.70% 1.04%

    *Initial net asset value per share: EUR 1.9635.

    Information about the company’s net asset value is updated every quarter: data for the first and third quarters are provided within a month of the end of the period, while half-year data is provided within two months and full-year data within four months of the end of the period.

  • Formulas of performance indicators

    Book value per share

    The book value per share shows the share of the owner’s equity in the company’s balance sheet per share. It is calculated by dividing the total book value of the company (i.e. its equity, excluding the value of the preferred shares) by the number of ordinary shares. The total book value of the company is equal to the company’s assets minus its liabilities.

                                                                                  Assets – Liabilities
    Book value per share = ——————————————————————————————

                                                         Issued shares at the end of the reporting period

    Hypothetically, this indicator can be interpreted as the amount that can be recovered by the shareholder if the company suddenly ceases activities. Usually the price of a share is higher than the book value. This is because buying a share the company’s future cash flows are purchased rather than just past and present performance.

    Total Net Asset Value

    Net Asset Value (NAV) is the difference between the value of the assets owned by the investment company and the long-term and short-term liabilities of the investment company. The Net Asset Value (or Equity) is calculated by subtracting the liabilities (including management fee liabilities and success fee liabilities) from the assets. The Company’s NAV may be equal to the Company’s Equity.

    NAV = Assets – Liabilities

    Return on Equity (ROE)

    Return on equity is an indicator for measuring how a company earns profits compared to its equity (book value). Thus, this indicator shows how effectively the equity of the company (money and assets invested by the owners of the company) is used.

                                  Net profit
    ROE = ———————————————
                                    Equity

    The higher the return on equity is, the more effective the company is, the more profit it earns for its shareholders. However, the size of the ROE is highly dependent on the company’s capital structure and the owner’s equity of the company. If a company is profitable, by increasing the debts of the company and thus reducing ownership, it can “rise” return on equity. Looking as purely asymmetric, the fewer shareholders’ equity, the higher the ROE rate. For this reason, the ROE indicator should be considered in conjunction with the ROA.

    Earnings per share (EPS)

    Earnings per share (EPS) is an indicator attributed to a set of investment (value) indicators. This indicator shows the share of the company’s profits per ordinary share. When evaluating the indicator, the rule is the higher its value is the better. It should be noted, however, that in different sectors of activity, the EPS indicators may vary considerably.

                                Net profit
    EPS = ———————————————
    ——————Number of share
    s

    Debt ratio

    The debt ratio is calculated by comparing the company’s debts (liabilities) with the assets of the company, so we can also call this indicator a structural indicator that compares the amounts on different sides of the balance sheet. The debt ratio reflects what part of the company’s assets are acquired for borrowed funds. It is important for creditors because it shows how much their funds are protected. The higher the index, the lower the security level. All debts of the company are divided by the total assets of the company, thus obtaining the value, the value of which says the debt of the assets of the company at the euro. Thus, the proportion between debts and assets is revealed.

                                    Debts
    Debt ratio = —————————
                                    Assets

    Change in fair value

    Fair value change – an indicator that shows the change in the fair value of an asset in absolute or percentage terms over the period.

    The ratio of liquid assets to total assets

    Liquid assets to total assets ratio – an indicator that shows the proportion of the company’s assets in cash and cash equivalents and assets that can be sold quickly and without significant costs at market price.

    The ratio of investment to one operating company to net asset value

    Investing in the operating company and the ratio of net assets is an indicator of the proportion (percentage) of the net asset company invested in one company.

  • Related parties transactions

    According to Article 372 part 10, sub-clause 3 of the Law on Companies of the Republic of Lithuania, the provisions of Article 37 are not applicable to the transactions concluded with a subsidiary company, if the owner of all shares is this joint-stock company. In addition, the provisions of Article 37 is not applicable when the transaction or the total amount of such transactions per financial year do not exceed 1/10 of a joint stock company whose shares are allowed to be traded on the regulated market, the value of the assets specified in the latest balance sheet. Therefore, there are no transactions that shall be published according to the legislation mentioned above.