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 13.04.2025.
The statistics were updated on 13.04.2025, at 08:29:49
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 | Vinotrade, SIA | 52.29 | Other transportation support activities | 9,527,913.00 | 48.86 times |
| 2 | SECOTEX, SIA | 46.42 | Wholesale of clothing and footwear | 13,689,308.00 | 33.74 times |
| 3 | Orkla Biscuit Production, SIA | 10.72 | Manufacture of rusks and biscuits; manufacture of preserved pastry goods and cakes | 36,461,881.00 | 32.89 times |
| 4 | MM Logistik, SIA | 52.29 | Other transportation support activities | 4,790,769.00 | 32.37 times |
| 5 | LunaJets Latvia, SIA | 51.10 | Passenger air transport | 17,343,672.00 | 28.28 times |
| 6 | REZ NRJ, Pilnsabiedrība | 35.30 | Steam and air conditioning supply | 4,065,111.00 | 21.67 times |
| 7 | BMGS-FIMA, Pilnsabiedrība | 42.12 | Construction of railways and underground railways | 17,502,135.00 | 20.27 times |
| 8 | T Steel, Sabiedrība ar ierobežotu atbildību(Dissolved 03.02.2025) | 46.72 | Wholesale of metals and metal ores | 10,176,060.00 | 16.36 times |
| 9 | FLERIS, Sabiedrība ar ierobežotu atbildību | 62.01 | Computer programming activities | 3,949,877.00 | 16.01 times |
| 10 | BERG TECH, SIA | 46.51 | Wholesale of computers, computer peripheral equipment and software | 2,711,336.00 | 15.70 times |
| 11 | FIN.LV Group, SIA | 70.22 | Business and other management consultancy activities | 3,228,125.00 | 14.90 times |
| 12 | CleanR Grupa, AS | 64.20 | Activities of holding companies | 4,049,058.00 | 13.84 times |
| 13 | PARTS SERVIS, SIA | 45.31 | Wholesale trade of motor vehicle parts and accessories | 2,108,436.00 | 11.91 times |
| 14 | Power Solution, SIA | 46.52 | Wholesale of electronic and telecommunications equipment and parts | 2,591,382.00 | 11.87 times |
| 15 | AMSEK, Sabiedrība ar ierobežotu atbildību | 45.20 | Maintenance and repair of motor vehicles | 4,727,395.00 | 11.55 times |
| 16 | Finanza, SIA | 64.92 | Other credit granting | 3,110,663.00 | 11.39 times |
| 17 | Baleks Group, SIA | 52.29 | Other transportation support activities | 1,921,174.00 | 11.34 times |
| 18 | Podaon, SIA | 63.99 | Other information service activities n.e.c. | 2,575,231.00 | 11.14 times |
| 19 | Baltic Watches, SIA | 47.77 | Retail sale of watches and jewellery in specialised stores | 4,194,448.00 | 11.07 times |
| 20 | HMM Capital, SIA | 64.99 | Other financial service activities, except insurance and pension funding n.e.c. | 4,735,303.00 | 10.99 times |
| 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.