Companies with biggest annual turnover
100 companies with the highest annual turnover in 2023, comparing their changes with the last three years.
Statistics include only companies having the taxation period of at least 10 months.
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.
n/d - no data
Lursoft statistics from the information available in the Commercial Register for the period between 01.01.2000 and 26.04.2025.
The statistics were updated on 26.04.2025, at 11:59:57
The statistics are also available in the XLS and TXT formats.
| No | Company | NACE | Type of business (according to NACE) | Turnover, EUR | Against 2022 | Against 2021 | Against 2020 |
|---|---|---|---|---|---|---|---|
| 1 | Balvu un Gulbenes slimnīcu apvienība, Sabiedrība ar ierobežotu atbildību | 86.10 | Hospital activities | 8,131,947.00 | -6% | -13% | 29% |
| 2 | RIEKSTIŅI, Zemnieku saimniecība | 01.50 | Mixed farming | 4,713,917.00 | -8% | 49% | 58% |
| 3 | KOTIŅI, Zemnieku saimniecība | 01.11 | Growing of cereals (except rice), leguminous crops and oil seeds | 3,059,494.00 | -28% | 18% | 5% |
| 4 | BOVIS, Sabiedrība ar ierobežotu atbildību | 20.14 | Manufacture of other organic basic chemicals | 2,381,873.00 | 32% | 24% | 77% |
| 5 | BALVU ENERĢIJA, Akciju sabiedrība | 35.30 | Steam and air conditioning supply | 2,274,646.00 | 46% | 44% | 69% |
| 6 | SILMAČI, Sabiedrība ar ierobežotu atbildību | 49.41 | Freight transport by road | 2,130,581.00 | -33% | 10% | 19% |
| 7 | DOLO, Sabiedrība ar ierobežotu atbildību | 02.20 | Logging | 2,094,958.00 | -38% | 24% | 56% |
| 8 | AMATNIEKI, Balvu rajona Baltinavas pagasta zemnieku saimniecība | 02.20 | Logging | 2,077,350.00 | -17% | 44% | 52% |
| 9 | SBS Design and Build, SIA | 41.20 | Construction of residential and non-residential buildings | 2,026,121.00 | 23% | 20% | 3.15 times |
| 10 | SENDA Dz, Sabiedrība ar ierobežotu atbildību | 56.29 | Other food service activities | 1,878,660.00 | 1% | 26% | 30% |
| 11 | DRILLEX, SIA | 43.99 | Other specialised construction activities n.e.c. | 1,689,823.00 | 22% | 2.49 times | 4.61 times |
| 12 | LIEPAS Z, Sabiedrība ar ierobežotu atbildību | 42.11 | Construction of roads and motorways | 1,581,285.00 | -25% | -5% | -2% |
| 13 | BERMUDI, Sabiedrība ar ierobežotu atbildību | 47.11 | Retail sale in non-specialised stores with food, beverages or tobacco predominating | 1,499,432.00 | 5% | 15% | 26% |
| 14 | Raibra, Sabiedrība ar ierobežotu atbildību | 02.10 | Silviculture and other forestry activities | 1,420,791.00 | 48% | 3.06 times | 3.27 times |
| 15 | BalviFlora, SIA | 08.92 | Extraction of peat | 1,324,488.00 | -21% | 8% | 7% |
| 16 | Vitai, SIA | 16.10 | Sawmilling and planing of wood | 1,282,117.00 | -22% | 41% | 2.92 times |
| 17 | PRIME-MOVER, Sabiedrība ar ierobežotu atbildību | 02.20 | Logging | 1,236,397.00 | 47% | 88% | 69% |
| 18 | ANITA AB, SIA | 02.20 | Logging | 1,228,902.00 | 12% | 46% | -15% |
| 19 | Baltic marking expert, Sabiedrība ar ierobežotu atbildību | 46.69 | Wholesale of other machinery and equipment | 1,163,325.00 | 87% | 53% | 41% |
| 20 | LINDA, Rugāju piensaimnieku kooperatīvā sabiedrība | 46.33 | Wholesale of dairy products, eggs and edible oils and fats | 1,157,676.00 | -25% | 5% | 13% |
| 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).
- Against 2021 - Changes in the company’s turnover in 2023 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 2023 - 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 2023 / turnover of 2021).
- Against 2020 - Changes in the company’s turnover in 2023 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 2023 - 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 2023 / turnover of 2020).
In case of publishing or quoting, reference to the source of the Statistics - Lursoft - is mandatory.