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 05:42:15
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 | FIRMA MADARA 89 ĪPAŠUMI, SIA | 68.20 | Renting and operating of own or leased real estate | 5,303,959.00 | 19.81 times |
| 2 | RK FOREST, SIA | 02.20 | Logging | 815,339.00 | 3.91 times |
| 3 | RITVARI, SIA | 02.20 | Logging | 795,816.00 | 3.14 times |
| 4 | KM-BUILDING, SIA | 16.22 | Manufacture of assembled parquet floors | 2,224,043.00 | 3.00 times |
| 5 | Vapista,, SIA | 46.35 | Wholesale of tobacco products | 1,533,978.00 | 2.67 times |
| 6 | MEŽ'ALEJAS, SIA | 02.20 | Logging | 365,476.00 | 2.60 times |
| 7 | JANLO, Sabiedrība ar ierobežotu atbildību | 02.40 | Support services to forestry | 467,426.00 | 2.50 times |
| 8 | JAUNLĀČI AGRO, Sabiedrība ar ierobežotu atbildību | 01.50 | Mixed farming | 1,011,047.00 | 2.35 times |
| 9 | TTR Company, Sabiedrība ar ierobežotu atbildību | 25.11 | Manufacture of metal structures and parts of structures | 465,762.00 | 2.34 times |
| 10 | L WOODS, SIA | 02.20 | Logging | 1,584,475.00 | 2.33 times |
| 11 | IDEA PLUS, SIA | 02.40 | Support services to forestry | 596,742.00 | 2.32 times |
| 12 | OŠI V, Sabiedrība ar ierobežotu atbildību | 16.10 | Sawmilling and planing of wood | 3,366,068.00 | 2.32 times |
| 13 | Incukalns Energy, SIA | 35.11 | Production of electricity | 10,270,607.00 | 2.26 times |
| 14 | SOFTWOOD, Sabiedrība ar ierobežotu atbildību | 16.24 | Manufacture of wooden containers | 753,930.00 | 2.25 times |
| 15 | ĒRĢEME, Lauksaimniecības pakalpojumu kooperatīvā sabiedrība | 46.21 | Wholesale of grain, unmanufactured tobacco, seeds and animal feeds | 3,694,909.00 | 2.22 times |
| 16 | KRISTIŅI, Alūksnes rajona Trapenes pagasta zemnieku saimniecība | 01.50 | Mixed farming | 634,589.00 | 2.18 times |
| 17 | Graanul Invest Energy, SIA | 35.11 | Production of electricity | 16,289,960.00 | 2.11 times |
| 18 | Madara 89 grupa, SIA | 64.20 | Activities of holding companies | 836,910.00 | 2.08 times |
| 19 | Valkas ceļi, Sabiedrība ar ierobežotu atbildību | 42.11 | Construction of roads and motorways | 9,245,604.00 | 2.06 times |
| 20 | LG EVO, SIA | 78.30 | Other human resources provision | 459,256.00 | 2.06 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.