Companies with biggest annual turnover increase
100 companies with the highest turnover increase in 2023 compared to the turnover of 2022.
Statistics include only companies having the taxation period of at least 10 months and the annual turnover of 2022 of more than 140 thousand EUR.
The statistics do not include banks, insurance companies, credit unions and investment management companies, as well as companies that have not yet submitted their annual reports.
Breakdown of the companies included in the statistics by activity types is available in a separate statistical report.
The reporting year is the year, for which the annual reports are submitted.
Administrative and territorial reform was implemented in Latvia on 01.07.2009. Therefore, it is assumed in these statistics that address of the subjects registered after the reform corresponds to the historical administrative-territorial division.
Lursoft statistics from the information available in the Commercial Register for the period between 01.01.1997 and 24.04.2025.
The statistics were updated on 24.04.2025, at 17:49:38
The statistics are also available in the XLS and TXT formats.
| No | Company | NACE | Type of business (according to NACE) | Turnover, EUR | Against 2022 |
|---|---|---|---|---|---|
| 1 | Timbro, SIA | 02.20 | Logging | 1,182,502.00 | 6.72 times |
| 2 | DiVert, SIA | 68.10 | Buying and selling of own real estate | 2,392,815.00 | 3.44 times |
| 3 | Defence Partnership Latvia, SIA | 30.40 | Manufacture of military fighting vehicles | 1,310,474.00 | 2.52 times |
| 4 | Uplandi, SIA | 08.12 | Operation of gravel and sand pits; mining of clays and kaolin | 587,508.00 | 2.47 times |
| 5 | IESPĒJU DARBNĪCA, SIA | 79.11 | Travel agency activities | 992,012.00 | 2.45 times |
| 6 | The Home Vidzeme, SIA | 68.20 | Renting and operating of own or leased real estate | 514,833.00 | 2.37 times |
| 7 | BALT-GO, Sabiedrība ar ierobežotu atbildību | 79.11 | Travel agency activities | 1,407,678.00 | 2.18 times |
| 8 | JAUNMEŽS, SIA | 02.10 | Silviculture and other forestry activities | 637,252.00 | 2.11 times |
| 9 | FOUR TREES, SIA | 16.23 | Manufacture of other builders' carpentry and joinery | 286,764.00 | 98% |
| 10 | UNITRUCK, SIA | 45.20 | Maintenance and repair of motor vehicles | 9,525,306.00 | 82% |
| 11 | ZEMGALE TIMBERLAND, SIA | 02.10 | Silviculture and other forestry activities | 1,516,863.00 | 72% |
| 12 | BŪVPROJEKTS, SIA | 71.12 | Engineering activities and related technical consultancy | 479,597.00 | 65% |
| 13 | CITA FABRIKA, SIA | 46.15 | Agents involved in the sale of furniture, household goods, hardware and ironmongery | 259,293.00 | 64% |
| 14 | WOLF SYSTEM, SIA | 42.21 | Construction of utility projects for fluids | 4,264,589.00 | 57% |
| 15 | EXITUS, Sabiedrība ar ierobežotu atbildību | 43.39 | Other building completion and finishing | 713,268.00 | 54% |
| 16 | ART BETONS, SIA | 43.12 | Site preparation | 582,071.00 | 54% |
| 17 | RG Solutions, Sabiedrība ar ierobežotu atbildību | 42.22 | Construction of utility projects for electricity and telecommunications | 234,927.00 | 51% |
| 18 | VIRĀŽA, SIA būvniecības firma | 42.11 | Construction of roads and motorways | 2,825,000.00 | 51% |
| 19 | Multum, SIA | 47.19 | Other retail sale in non-specialised stores | 3,376,868.00 | 51% |
| 20 | SNIEGAMOCIS.LV, SIA | 45.40 | Sale, maintenance and repair of motorcycles and related parts and accessories | 499,978.00 | 47% |
| Number of entries | |||||
| Total on page | 20 | ||||
| Total | 100 |
Explanations of table columns
- Turnover, EUR - The company’s turnover in 2023.
- Against 2022 - Changes in the company’s turnover in 2023 as against the turnover of 2022. If the proportion of changes does not exceed 100%, the proportion of changes is stated by the formula ((turnover of 2023 - turnover of 2022) / turnover of 2022) x 100. If the proportion of changes is 100% or exceeds 100%, the proportion of changes is stated by the formula (turnover of 2023 / turnover of 2022).
In case of publishing or quoting, reference to the source of the Statistics - Lursoft - is mandatory.