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 17.04.2025.
The statistics were updated on 17.04.2025, at 07:21:18
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 | White Elephant, SIA | 46.90 | Non-specialised wholesale trade | 5,409,877.00 | 17.35 times |
| 2 | CS Smiltene, SIA | 35.30 | Steam and air conditioning supply | 1,042,345.00 | 4.66 times |
| 3 | LAUVAS NAMI, Sabiedrība ar ierobežotu atbildību | 43.99 | Other specialised construction activities n.e.c. | 502,859.00 | 3.53 times |
| 4 | Hubro, SIA | 02.10 | Silviculture and other forestry activities | 482,939.00 | 2.70 times |
| 5 | WENDEN ROBOTICS, SIA | 28.29 | Manufacture of other general-purpose machinery n.e.c. | 1,001,643.00 | 2.46 times |
| 6 | BIPI Timber, Sabiedrība ar ierobežotu atbildību | 02.20 | Logging | 1,683,551.00 | 2.33 times |
| 7 | UOT, Sabiedrība ar ierobežotu atbildību | 28.30 | Manufacture of agricultural and forestry machinery | 613,543.00 | 92% |
| 8 | AP ENERGO, Sabiedrība ar ierobežotu atbildību | 43.21 | Electrical installation | 284,742.00 | 85% |
| 9 | ANIMO LTD, SIA | 46.69 | Wholesale of other machinery and equipment | 2,654,954.00 | 82% |
| 10 | Mežpalejas, SIA | 02.10 | Silviculture and other forestry activities | 546,307.00 | 75% |
| 11 | ERBO, SIA | 41.20 | Construction of residential and non-residential buildings | 669,238.00 | 70% |
| 12 | VMVK, Sabiedrība ar ierobežotu atbildību | 90.02 | Support activities to performing arts | 267,580.00 | 69% |
| 13 | Agro Spring, SIA | 46.21 | Wholesale of grain, unmanufactured tobacco, seeds and animal feeds | 1,387,933.00 | 66% |
| 14 | MJ EIROBŪVE, Sabiedrība ar ierobežotu atbildību | 43.33 | Floor and wall covering | 268,406.00 | 65% |
| 15 | Saules Jumts, Sabiedrība ar ierobežotu atbildību | 25.11 | Manufacture of metal structures and parts of structures | 313,082.00 | 62% |
| 16 | DZIDRAVOTI-plus, SIA | 02.20 | Logging | 244,014.00 | 55% |
| 17 | EVENTO, SIA | 41.20 | Construction of residential and non-residential buildings | 872,108.00 | 55% |
| 18 | VIDUSCEĻŠ, SIA | 49.41 | Freight transport by road | 299,746.00 | 54% |
| 19 | VIDZEMES MTS, Sabiedrība ar ierobežotu atbildību | 02.20 | Logging | 998,015.00 | 53% |
| 20 | DŽUIBA, Sabiedrība ar ierobežotu atbildību | 47.99 | Other retail sale not in stores, stalls or markets | 467,035.00 | 51% |
| 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.