Companies with biggest annual turnover
100 companies with the highest annual turnover in 2022, 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 24.04.2025.
The statistics were updated on 24.04.2025, at 21:57:28
The statistics are also available in the XLS and TXT formats.
| No | Company | NACE | Type of business (according to NACE) | Turnover, EUR | Against 2021 | Against 2020 | Against 2019 |
|---|---|---|---|---|---|---|---|
| 1 | Uralkali Trading, SIA | 46.75 | Wholesale of chemical products | 1,321,415,557.00 | -53% | -27% | -31% |
| 2 | Latvenergo, Akciju sabiedrība | 35.11 | Production of electricity | 1,231,015,000.00 | 2.08 times | 3.19 times | 2.81 times |
| 3 | ORLEN Latvija, SIA | 46.71 | Wholesale of solid, liquid and gaseous fuels and related products | 1,082,674,921.00 | 2.22 times | 3.47 times | 93% |
| 4 | RIMI LATVIA, SIA | 47.11 | Retail sale in non-specialised stores with food, beverages or tobacco predominating | 1,027,835,067.00 | 1% | 9% | 12% |
| 5 | MAXIMA Latvija, SIA | 47.11 | Retail sale in non-specialised stores with food, beverages or tobacco predominating | 974,643,475.00 | 6% | 11% | 16% |
| 6 | Latvijas Gāze, Akciju sabiedrība | 35.23 | Trade of gas through mains | 702,604,000.00 | 33% | 4.92 times | 2.64 times |
| 7 | Circle K Latvia, SIA | 47.30 | Retail sale of automotive fuel in specialised stores | 622,611,875.00 | 35% | 68% | 53% |
| 8 | ELKO GRUPA, Akciju sabiedrība | 46.51 | Wholesale of computers, computer peripheral equipment and software | 594,796,607.00 | -21% | -1% | 26% |
| 9 | NESTE LATVIJA, Sabiedrība ar ierobežotu atbildību | 47.30 | Retail sale of automotive fuel in specialised stores | 566,846,509.00 | 47% | 89% | 66% |
| 10 | Latvijas valsts meži, Akciju sabiedrība | 02.10 | Silviculture and other forestry activities | 566,612,297.00 | 40% | 62% | 51% |
| 11 | Air Baltic Corporation, AS | 51.10 | Passenger air transport | 493,832,000.00 | 2.52 times | 3.63 times | -1% |
| 12 | Samsung Electronics Baltics, SIA | 46.43 | Wholesale of electrical household appliances | 493,086,514.00 | 17% | 32% | 41% |
| 13 | Sanitex, SIA | 46.90 | Non-specialised wholesale trade | 454,438,280.00 | 11% | 14% | 21% |
| 14 | Lidl Latvija, SIA | 47.11 | Retail sale in non-specialised stores with food, beverages or tobacco predominating | 442,377,554.00 | 4.36 times | 611.90 times | 10054.49 times |
| 15 | LATVIJAS FINIERIS, Akciju sabiedrība | 16.21 | Manufacture of veneer sheets and wood-based panels | 351,249,775.00 | 39% | 60% | 55% |
| 16 | Marcegaglia Baltics, SIA | 25.61 | Treatment and coating of metals | 341,846,627.00 | -78% | -52% | -51% |
| 17 | DEPO DIY, SIA | 47.19 | Other retail sale in non-specialised stores | 336,197,656.00 | 29% | 26% | 35% |
| 18 | Pirmas, SIA | 46.71 | Wholesale of solid, liquid and gaseous fuels and related products | 334,459,955.00 | 49% | 2.00 times | 47% |
| 19 | Mikrotīkls, Sabiedrība ar ierobežotu atbildību | 26.30 | Manufacture of communication equipment | 334,297,914.00 | -11% | -5% | 18% |
| 20 | PATA, Sabiedrība ar ierobežotu atbildību | 46.73 | Wholesale of wood, construction materials and sanitary equipment | 334,042,120.00 | 18% | 2.14 times | 96% |
| 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).
- Against 2020 - Changes in the company’s turnover in 2022 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 2022 - 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 2022 / turnover of 2020).
- Against 2019 - Changes in the company’s turnover in 2022 as against the turnover of 2019. If the proportion of changes does not exceed 100%, the proportion of changes is stated by the formula ((turnover of 2022 - turnover of 2019) / turnover of 2019) 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 2019).
In case of publishing or quoting, reference to the source of the Statistics - Lursoft - is mandatory.