The value of companies listed in TOP 101 – 2021 is based on company’s 2018-2020 financial reports and the valuation is determined using the comparable trading multiples method. In case of the listed companies, the value is based on the company’s value on the stock exchange as of 30.06.2021.
K Behind the company name indicates that a consolidated report has been used
* TOP 101 presents enterprise value, except for banks, other credit institutions and insurance companies for which the respective column presents equity value
** For banks, other credit institutions and insurance companies, the column "Turnover 2019" presents book value of total assets as at the end of 2020
*** For banks, other credit institutions and insurance companies, the column "EBITDA 2019" presents book value of shareholders' equity as at the end of 2020
1 The change in value is due to updated methodology
2 Last year included in the consolidated annual report of NG INvesteerinugd, AS
3 For Admiral Markets Group AS and Swedbank Investeerimisfondid AS the columns "Turnover" presents net gain and commission income 2020, "EBITDA" presents EBT 2020
4 Last year included in the consolidated annual report of Visional Invest, AS