Companies with biggest annual turnover increase
100 companies with the highest turnover increase in 2021 compared to the turnover of 2020.
Statistics include only companies having the taxation period of at least 10 months and the annual turnover of 2020 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 09:18:39
The statistics are also available in the XLS and TXT formats.
| No | Company | NACE | Type of business (according to NACE) | Turnover, EUR | Against 2020 |
|---|---|---|---|---|---|
| 1 | Valkas ceļi un Ķikuti 99, PS | 42.11 | Construction of roads and motorways | 1,394,283.00 | 4.41 times |
| 2 | IKA Mežs, SIA | 02.20 | Logging | 989,757.00 | 3.80 times |
| 3 | VM Ehitus, SIA | 42.99 | Construction of other civil engineering projects n.e.c. | 2,184,938.00 | 3.15 times |
| 4 | Gadskārta R. D., Sabiedrība ar ierobežotu atbildību | 02.20 | Logging | 1,260,907.00 | 2.69 times |
| 5 | Eko Modulis, SIA | 41.20 | Construction of residential and non-residential buildings | 805,348.00 | 2.58 times |
| 6 | RISMUS VK, Sabiedrība ar ierobežotu atbildību | 16.10 | Sawmilling and planing of wood | 3,435,967.00 | 2.48 times |
| 7 | Artisan Metal, Sabiedrība ar ierobežotu atbildību | 28.30 | Manufacture of agricultural and forestry machinery | 713,400.00 | 2.39 times |
| 8 | STRAUPĪTES, Sabiedrība ar ierobežotu atbildību | 52.29 | Other transportation support activities | 754,636.00 | 2.13 times |
| 9 | A.G.V., SIA | 02.10 | Silviculture and other forestry activities | 935,536.00 | 2.06 times |
| 10 | Improvement, SIA | 42.11 | Construction of roads and motorways | 401,508.00 | 99% |
| 11 | Fruitis Foods, Sabiedrība ar ierobežotu atbildību | 10.32 | Manufacture of fruit and vegetable juice | 1,138,666.00 | 94% |
| 12 | LV Timber, SIA | 16.10 | Sawmilling and planing of wood | 3,411,501.00 | 86% |
| 13 | VM Tehnika, SIA | 96.09 | Other personal service activities n.e.c. | 321,181.00 | 84% |
| 14 | OŠI V, Sabiedrība ar ierobežotu atbildību | 16.10 | Sawmilling and planing of wood | 1,449,919.00 | 84% |
| 15 | SILVER TRANS, Sabiedrība ar ierobežotu atbildību | 49.41 | Freight transport by road | 465,683.00 | 78% |
| 16 | M.BINDRES DOKTORĀTS, SIA | 86.21 | General medical practice activities | 274,117.00 | 74% |
| 17 | GRAANUL INVEST, Sabiedrība ar ierobežotu atbildību | 16.29 | Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials | 70,783,967.00 | 72% |
| 18 | BioMix Balticum, SIA | 46.90 | Non-specialised wholesale trade | 16,125,214.00 | 72% |
| 19 | PATA Strenči, Akciju sabiedrība | 02.20 | Logging | 19,961,239.00 | 71% |
| 20 | STORA ENSO LATVIJA, AS | 16.10 | Sawmilling and planing of wood | 104,409,615.00 | 67% |
| Number of entries | |||||
| Total on page | 20 | ||||
| Total | 100 |
Explanations of table columns
- Turnover, EUR - The company’s turnover in 2021.
- Against 2020 - Changes in the company’s turnover in 2021 as against the turnover of 2020. If the proportion of changes does not exceed 100%, the proportion of changes is stated by the formula ((turnover of 2021 - turnover of 2020) / turnover of 2020) x 100. If the proportion of changes is 100% or exceeds 100%, the proportion of changes is stated by the formula (turnover of 2021 / turnover of 2020).
In case of publishing or quoting, reference to the source of the Statistics - Lursoft - is mandatory.