Companies with biggest annual turnover increase
100 companies with the highest turnover increase in 2022 compared to the turnover of 2021.
Statistics include only companies having the taxation period of at least 10 months and the annual turnover of 2021 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 23.04.2025.
The statistics were updated on 23.04.2025, at 22:26:29
The statistics are also available in the XLS and TXT formats.
| No | Company | NACE | Type of business (according to NACE) | Turnover, EUR | Against 2021 |
|---|---|---|---|---|---|
| 1 | PM Industry, SIA(Dissolved 16.02.2024) | 16.10 | Sawmilling and planing of wood | 720,265.00 | 4.77 times |
| 2 | TIMAC AGRO LATVIA, Sabiedrība ar ierobežotu atbildību | 46.75 | Wholesale of chemical products | 7,056,548.00 | 4.22 times |
| 3 | Crystal ITG, Sabiedrība ar ierobežotu atbildību | 46.18 | Agents specialised in the sale of other particular products | 1,888,315.00 | 4.15 times |
| 4 | Monteva Group, SIA(Dissolved 28.03.2025) | 71.11 | Architectural activities | 1,133,344.00 | 3.94 times |
| 5 | KTA group, SIA | 49.41 | Freight transport by road | 860,849.00 | 3.72 times |
| 6 | VAT serviss, SIA | 41.20 | Construction of residential and non-residential buildings | 1,769,351.00 | 3.68 times |
| 7 | Prizma Projekts, SIA | 41.20 | Construction of residential and non-residential buildings | 532,403.00 | 3.49 times |
| 8 | House of hops, SIA | 46.38 | Wholesale of other food, including fish, crustaceans and molluscs | 734,320.00 | 3.08 times |
| 9 | BCE, SIA | 46.13 | Agents involved in the sale of timber and building materials | 1,839,529.00 | 3.02 times |
| 10 | KOKA ĒKA, SIA | 41.20 | Construction of residential and non-residential buildings | 447,660.00 | 3.01 times |
| 11 | JMD, SIA | 47.41 | Retail sale of computers, peripheral units and software in specialised stores | 431,517.00 | 3.00 times |
| 12 | Vides izpēte, SIA | 71.12 | Engineering activities and related technical consultancy | 417,455.00 | 2.91 times |
| 13 | Arka-B, SIA | 16.23 | Manufacture of other builders' carpentry and joinery | 596,526.00 | 2.87 times |
| 14 | LOGY, SIA | 52.29 | Other transportation support activities | 1,138,851.00 | 2.79 times |
| 15 | SimOn, SIA | 47.91 | Retail sale via mail order houses or via Internet | 520,481.00 | 2.79 times |
| 16 | Anna Assistance, SIA | 47.99 | Other retail sale not in stores, stalls or markets | 737,085.00 | 2.64 times |
| 17 | VIDI WOODS, SIA | 02.20 | Logging | 8,579,629.00 | 2.61 times |
| 18 | JULA, SIA | 46.75 | Wholesale of chemical products | 434,678.00 | 2.58 times |
| 19 | AMD enerģija, Sabiedrība ar ierobežotu atbildību | 43.22 | Plumbing, heat and air-conditioning installation | 925,286.00 | 2.57 times |
| 20 | Nordic Food, SIA | 11.07 | Manufacture of soft drinks; production of mineral waters and other bottled waters | 1,048,568.00 | 2.51 times |
| Number of entries | |||||
| Total on page | 20 | ||||
| Total | 100 |
Explanations of table columns
- Turnover, EUR - The company’s turnover in 2022.
- Against 2021 - Changes in the company’s turnover in 2022 as against the turnover of 2021. If the proportion of changes does not exceed 100%, the proportion of changes is stated by the formula ((turnover of 2022 - turnover of 2021) / turnover of 2021) x 100. If the proportion of changes is 100% or exceeds 100%, the proportion of changes is stated by the formula (turnover of 2022 / turnover of 2021).
In case of publishing or quoting, reference to the source of the Statistics - Lursoft - is mandatory.