Левенгук LVHK

Quarterly report 2025-Q4
added 08-10-2026

Левенгук Balance Sheet 2025-2012 | LVHK

Brief overview of Левенгук's balance sheet strength

The review uses the five latest available annual reports between 2021 and 2025.

Assets fell from ₽2 billion to ₽1.4 billion. This may reflect either deliberate optimization or a reduction in business scale.

Liability growth of -15% exceeded asset growth of -27.9%, increasing reliance on outside funding.

Shareholders' equity accounts for 49.7% of assets, previously 49.5%. Dependence on liabilities is moderate.

Net debt to equity stands at 0.44x; the current burden does not look excessive.

The cash share moved from 3.2% to 1.4%. A higher figure generally provides more room in an adverse scenario.

Conclusion

Левенгук's financial position is more positive than negative: the funding mix is workable, although the cushion is not unlimited.

Annual Balance Sheet Левенгук

	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Cash And Cash Equivalents	20 M	19 M	81 M	68.9 M	64.3 M	142 M	103 M	117 M	46.5 M	28.3 M	41.5 M	49.7 M	6.61 M	3.96 M
Total Current Assets	-	-	1.2 B	1.38 B	1.71 B	1.35 B	1.16 B	1.02 B	790 M	677 M	672 M	585 M	155 M	17.2 M
Property Plant Equipment Net	-	-	10.1 M	28.4 M	468 K	1.11 M	1.75 M	2.94 M	4.02 M	4.89 M	6.11 M	7.08 M	132 K	-
Intangible Assets	-	-	117 M	53.7 M	18.3 M	7.67 M	4.09 M	4.38 M	1.68 M	1.4 M	817 K	-	-	-
Goodwill And Intangible Assets	-	-	147 M	334 M	299 M	403 M	399 M	399 M	397 M	396 M	396 M	396 M	-	-
Long-Term Investments	-	-	-	-	-	-	-	-	-	-	-	-	506 M	-
Tax Assets	-	-	-	-	-	-	-	-	-	-	-	-	348 K	-
Total Non Current Assets	-	-	157 M	362 M	299 M	404 M	401 M	402 M	401 M	401 M	402 M	403 M	530 M	529 M
Total Assets	1.45 B	1.34 B	1.36 B	1.74 B	2.01 B	1.75 B	1.56 B	1.42 B	1.19 B	1.08 B	1.07 B	988 M	685 M	547 M
Account Payables	-	-	57 M	448 M	343 M	498 M	360 M	263 M	194 M	167 M	173 M	214 M	162 M	-
Short-Term Debt	-	-	182 M	186 M	417 M	191 M	236 M	226 M	164 M	149 M	158 M	47.9 M	70.8 M	5.91 M
Tax Payables	-	-	-	-	-	-	-	1.38 M	2.07 M	1.73 M	698 K	2.61 M	-	-
Deferred Revenue	-	-	-	-	-	-28.5 M	-31.9 M	-	-	-	698 K	-	-	-
Total Current Liabilities	-	-	319 M	635 M	759 M	689 M	596 M	491 M	361 M	318 M	333 M	264 M	136 M	17 M
Long-Term Debt	341 M	252 M	100 M	100 M	100 M	100 M	100 M	100 M	30 M	-	-	-	-	-
Total Non Current Liabilities	-	-	100 M	100 M	100 M	100 M	100 M	100 M	30 M	316 M	332 M	262 M	80.9 M	5.91 M
Total Liabilities	730 M	650 M	419 M	735 M	859 M	789 M	696 M	591 M	391 M	318 M	333 M	264 M	136 M	17 M
Retained Earnings	-	-	171 M	227 M	394 M	540 M	439 M	410 M	378 M	339 M	300 M	282 M	19.8 M	152 K
Total Stockholders Equity	720 M	690 M	803 M	835 M	995 M	961 M	863 M	834 M	800 M	761 M	741 M	724 M	549 M	530 M
Total Liabilities And Stockholders Equity	1.45 B	1.34 B	1.36 B	1.74 B	2.01 B	1.75 B	1.56 B	1.42 B	1.19 B	1.08 B	1.07 B	988 M	685 M	547 M
Total Investments	-	-	-	17.6 M	240 K	21.7 M	9 M	50.7 M	40.4 M	34.6 M	50.9 M	47.7 M	529 M	529 M
Total Debt	341 M	252 M	282 M	286 M	517 M	291 M	336 M	326 M	194 M	149 M	158 M	47.9 M	80.9 M	5.91 M
Net Debt	320 M	230 M	201 M	217 M	452 M	149 M	233 M	209 M	148 M	121 M	117 M	-1.83 M	74.3 M	1.95 M

All numbers in RUB currency

Quarterly Balance Sheet Левенгук

	2025-Q4	2025-Q2	2024-Q4	2024-Q2	2023-Q4	2023-Q2	2022-Q4	2022-Q2	2021-Q4	2021-Q2	2020-Q4	2020-Q2	2019-Q4	2019-Q2	2018-Q4	2018-Q2	2017-Q4	2017-Q2	2016-Q4	2016-Q2	2015-Q4	2015-Q2	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3
Cash And Cash Equivalents	20 M	27 M	19 M	40 M	81 M	64.2 M	68.9 M	34.5 M	64.3 M	56.8 M	142 M	110 M	103 M	20.5 M	117 M	22.3 M	46.5 M	17.9 M	28.3 M	10.1 M	41.5 M	12.4 M	442 K	19.2 M	1.5 M	6.61 M	7.43 M	4.27 M	1.6 M	3.96 M	12 K
Total Current Assets	-	-	-	1.23 B	1.2 B	1.27 B	1.38 B	1.58 B	1.71 B	1.39 B	1.35 B	1.12 B	1.16 B	1.06 B	1.02 B	843 M	790 M	718 M	677 M	689 M	672 M	601 M	274 M	511 M	183 M	155 M	136 M	656 M	29 M	17.2 M	697 K
Property Plant Equipment Net	-	-	-	5.47 M	10.1 M	14.7 M	28.4 M	454 K	468 K	904 K	1.11 M	1.44 M	1.75 M	2.41 M	2.94 M	3.55 M	4.02 M	4.49 M	4.89 M	5.5 M	6.11 M	6.61 M	97 K	462 K	120 K	132 K	-	223 K	-	-	-
Intangible Assets	-	-	-	142 M	-	84.4 M	53.7 M	32.9 M	18.3 M	10.7 M	7.67 M	4.22 M	4.09 M	4.23 M	4.38 M	1.69 M	1.68 M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill And Intangible Assets	-	-	-	172 M	30.4 M	365 M	334 M	313 M	299 M	406 M	403 M	399 M	399 M	399 M	399 M	397 M	397 M	396 M	396 M	396 M	396 M	396 M	-	396 M	-	-	-	146 M	-	-	-
Long-Term Investments	-	-	-	102 M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	486 M	-	492 M	506 M	517 M	-	528 M	-	-
Tax Assets	-	-	-	348 K	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	350 K	-	414 K	348 K	-	-	-	-	-
Total Non Current Assets	-	-	-	280 M	157 M	379 M	362 M	314 M	299 M	407 M	404 M	401 M	401 M	402 M	402 M	400 M	401 M	401 M	401 M	401 M	402 M	402 M	530 M	396 M	530 M	530 M	530 M	146 M	529 M	529 M	529 M
Total Assets	1.45 B	1.31 B	1.34 B	1.51 B	1.36 B	1.65 B	1.74 B	1.89 B	2.01 B	1.8 B	1.75 B	1.52 B	1.56 B	1.46 B	1.42 B	1.24 B	1.19 B	1.12 B	1.08 B	1.09 B	1.07 B	1 B	804 M	907 M	713 M	685 M	666 M	802 M	558 M	547 M	530 M
Account Payables	-	-	-	50.2 M	138 M	258 M	448 M	370 M	343 M	233 M	498 M	382 M	360 M	292 M	263 M	196 M	194 M	165 M	167 M	171 M	173 M	144 M	97.1 M	139 M	-	-	-	129 M	-	-	-
Short-Term Debt	-	-	-	317 M	182 M	245 M	186 M	259 M	417 M	301 M	191 M	164 M	236 M	218 M	226 M	133 M	164 M	174 M	149 M	172 M	158 M	120 M	154 M	67.5 M	80.4 M	80.9 M	66.9 M	66 M	9.54 M	5.91 M	62 K
Tax Payables	-	-	-	1.21 M	-	-	-	-	-	-	-	-	-	-	1.38 M	-	2.07 M	-	1.73 M	-	698 K	-	-	177 K	-	-	-	1.97 M	-	-	-
Deferred Revenue	-	-	-	1.21 M	-	-	-	-3.62 M	-	-30.5 M	-28.5 M	-33.7 M	-31.9 M	-31.6 M	-	-	-	-	-	-	698 K	-	779 K	-	-	-	-	-	-	-	-
Total Current Liabilities	-	-	-	478 M	319 M	503 M	635 M	630 M	759 M	534 M	689 M	546 M	596 M	510 M	491 M	330 M	361 M	340 M	318 M	343 M	333 M	264 M	251 M	207 M	162 M	136 M	134 M	197 M	28.8 M	17 M	687 K
Long-Term Debt	341 M	266 M	252 M	400 M	280 M	100 M	100 M	100 M	100 M	100 M	100 M	100 M	100 M	100 M	100 M	100 M	30 M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Non Current Liabilities	-	-	-	82.9 M	100 M	100 M	100 M	100 M	100 M	100 M	100 M	100 M	100 M	100 M	100 M	100 M	30 M	340 M	316 M	343 M	332 M	264 M	4 K	206 M	80.4 M	80.9 M	66.9 M	195 M	9.54 M	5.91 M	62 K
Total Liabilities	510 M	433 M	449 M	564 M	420 M	603 M	735 M	730 M	859 M	634 M	789 M	646 M	696 M	610 M	591 M	430 M	391 M	340 M	318 M	343 M	333 M	264 M	251 M	207 M	162 M	136 M	134 M	197 M	28.8 M	17 M	687 K
Retained Earnings	-	-	-	205 M	171 M	252 M	227 M	404 M	394 M	435 M	540 M	452 M	439 M	421 M	410 M	391 M	378 M	357 M	339 M	314 M	300 M	298 M	23.4 M	241 M	20.8 M	19.8 M	2.37 M	177 M	290 K	152 K	10 K
Accumulated Other Comprehensive Income Loss	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-19 K	-	-	-	-	-	-
Total Stockholders Equity	940 M	877 M	891 M	946 M	940 M	879 M	835 M	1 B	995 M	1.02 B	961 M	870 M	863 M	847 M	834 M	813 M	800 M	779 M	761 M	747 M	741 M	740 M	553 M	701 M	550 M	549 M	532 M	605 M	530 M	530 M	529 M
Total Liabilities And Stockholders Equity	-	-	-	1.51 B	1.36 B	1.65 B	1.74 B	1.89 B	2.01 B	1.8 B	1.75 B	1.52 B	1.56 B	1.46 B	1.42 B	1.24 B	1.19 B	1.12 B	1.08 B	1.09 B	1.07 B	1 B	804 M	907 M	713 M	685 M	666 M	802 M	558 M	547 M	530 M
Total Investments	-	-	-	102 M	-	37.6 M	17.6 M	25.9 M	240 K	10.8 M	21.7 M	17 M	9 M	50.9 M	50.7 M	46.2 M	40.4 M	40.4 M	34.6 M	55.2 M	50.9 M	58.1 M	529 M	35.9 M	529 M	529 M	530 M	22.9 M	529 M	529 M	529 M
Total Debt	341 M	266 M	252 M	400 M	280 M	345 M	286 M	359 M	517 M	401 M	291 M	264 M	336 M	318 M	326 M	233 M	194 M	174 M	149 M	172 M	158 M	120 M	154 M	67.5 M	80.4 M	80.9 M	66.9 M	66 M	9.54 M	5.91 M	62 K
Net Debt	320 M	240 M	230 M	360 M	200 M	281 M	217 M	325 M	452 M	344 M	149 M	154 M	233 M	298 M	209 M	211 M	148 M	156 M	121 M	162 M	117 M	108 M	153 M	48.3 M	78.9 M	74.3 M	59.4 M	61.8 M	7.93 M	1.95 M	50 K

All numbers in RUB currency

Balance Sheet is a fundamental financial report of Левенгук, providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.

For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.

Features of balance sheet analysis

Vertical and horizontal analysis
Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods.
Asset quality
It is important to evaluate not only the amount of assets but also their liquidity and realizability.
Accounting for off-balance sheet liabilities
Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.

Balance sheet of other industry stocks – Telecom

Issuer	Price	% 24h	Market Cap	Country
Anterix ATEX	$ 77.68	0.07 %	$ 1.45 B	USA
ATN International ATNI	$ 30.16	0.3 %	$ 459 M	USA
Consolidated Communications Holdings CNSL	-	-	$ 534 M	USA
COMSovereign Holding Corp. COMS	-	-6.35 %	$ 41.2 K	USA
Kaleyra KLR	-	-	$ 90.8 M	USA
Vonage Holdings Corp. VG	$ 15.32	0.09 %	$ 3.85 B	USA
Cable One CABO	$ 20.81	0.14 %	$ 117 M	USA
Cogent Communications Holdings CCOI	$ 9.31	2.64 %	$ 446 M	USA
Chunghwa Telecom Co., Ltd. CHT	$ 45.25	0.94 %	$ 351 B	Taiwan
Gogo GOGO	$ 2.7	2.86 %	$ 361 K	USA
InterDigital IDCC	$ 344.42	1.07 %	$ 8.88 B	USA
Iridium Communications IRDM	$ 46.48	0.57 %	$ 4.98 B	USA
Lumen Technologies LUMN	$ 7.05	1.59 %	$ 7.01 B	USA
Ooma OOMA	$ 22.95	0.77 %	$ 632 M	USA
Shenandoah Telecommunications Company SHEN	$ 11.84	0.21 %	$ 652 M	USA
Spok Holdings SPOK	$ 10.9	2.3 %	$ 224 M	USA
Telephone and Data Systems TDS	$ 37.76	0.8 %	$ 4.35 B	USA
Millicom International Cellular S.A. TIGO	$ 95.61	0.22 %	$ 16 B	Luxembourg
TIM S.A. TIMB	$ 19.08	1.06 %	$ 46.1 B	-
AT&T T	$ 26.53	1.82 %	$ 190 B	USA
T-Mobile US TMUS	$ 183.36	0.56 %	$ 207 B	USA
uCloudlink Group UCL	$ 0.41	1.66 %	$ 155 M	China
Telefônica Brasil S.A. VIV	$ 11.83	0.04 %	$ 38.1 B	Brasil
Vodafone Group Plc VOD	$ 17.61	1.24 %	$ 460 B	Britain
Verizon Communications VZ	$ 51.43	1.65 %	$ 217 B	USA
Zoom Video Communications ZM	$ 95.56	0.07 %	$ 28.7 B	USA
Otelco Inc. OTEL	-	0.17 %	$ 40.2 M	USA
SK Telecom Co.,Ltd SKM	$ 36.44	2.21 %	$ 13.9 B	South-korea
Shaw Communications SJR	-	0.9 %	$ 20.2 B	Canada
Liberty Latin America Ltd. LILA	$ 8.85	0.4 %	$ 1.77 B	USA
Orange S.A. ORAN	-	0.36 %	$ 29.5 B	France
МГТС MGTS	-	-	-	Russia
BCE BCE	$ 23.48	0.45 %	$ 21.8 B	Canada
Наука-Связь NSVZ	-	-	-	Russia
Таттелеком TTLK	-	-	-	Russia
Ростелеком RTKM	-	-	-	Russia
Cincinnati Bell Inc. CBB	-	-	$ 788 M	USA
Alaska Communications Systems Group, Inc. ALSK	-	0.29 %	$ 185 M	USA
América Móvil, S.A.B. de C.V. AMOV	-	-1.1 %	$ 63.6 B	Mexico
ORBCOMM Inc. ORBC	-	-	$ 914 M	USA
Boingo Wireless, Inc. WIFI	-	-	$ 626 M	USA
Telefónica, S.A. TEF	-	-	$ 22.2 B	Spain
Центральный Телеграф CNTL	-	-	-	Russia
Система AFKS	-	-	-	Russia
PLDT PHI	$ 18.36	2.18 %	$ 3.97 B	Philippines
América Móvil, S.A.B. de C.V. AMX	$ 23.04	0.94 %	$ 1.42 T	Mexico
KT Corporation KT	$ 20.04	0.68 %	$ 4.93 B	South-korea
Rogers Communications RCI	$ 36.85	1.75 %	$ 19.9 B	Canada
TELUS Corporation TU	$ 9.15	0.6 %	$ 14 B	Canada

Левенгук Balance Sheet 2025-2012 | LVHK

Brief overview of Левенгук's balance sheet strength

Conclusion

Annual Balance Sheet Левенгук

Cash And Cash Equivalents

Total Current Assets

Property Plant Equipment Net

Intangible Assets

Goodwill And Intangible Assets

Long-Term Investments

Tax Assets

Total Non Current Assets

Total Assets

Account Payables

Short-Term Debt

Tax Payables

Deferred Revenue

Total Current Liabilities

Long-Term Debt

Total Non Current Liabilities

Total Liabilities

Retained Earnings

Total Stockholders Equity

Total Liabilities And Stockholders Equity

Total Investments

Total Debt

Net Debt