Companies with biggest annual turnover
100 companies with the highest annual turnover in 2016, 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 20:08:47
The statistics are also available in the XLS and TXT formats.
| No | Company | NACE | Type of business (according to NACE) | Turnover, EUR | Against 2015 | Against 2014 | Against 2013 |
|---|---|---|---|---|---|---|---|
| 1 | FIRMA MADARA 89, SIA | 47.11 | Retail sale in non-specialised stores with food, beverages or tobacco predominating | 75,501,178.00 | 9% | 29% | 59% |
| 2 | STORA ENSO LATVIJA, AS | 16.10 | Sawmilling and planing of wood | 51,846,320.00 | -2% | -15% | -27% |
| 3 | Graanul Pellets, SIA | 16.29 | Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials | 39,101,923.00 | 15% | 51% | 30% |
| 4 | GRAANUL INVEST, Sabiedrība ar ierobežotu atbildību | 16.29 | Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials | 29,727,036.00 | -10% | -8% | 12% |
| 5 | ET Invest, Sabiedrība ar ierobežotu atbildību | 47.25 | Retail sale of beverages in specialised stores | 17,223,587.00 | n/d | n/d | n/d |
| 6 | SMILTENES PIENS, Akciju sabiedrība | 10.51 | Operation of dairies and cheese making | 16,603,972.00 | 5% | 0% | 10% |
| 7 | SMILTENE IMPEX, SIA | 16.10 | Sawmilling and planing of wood | 16,362,554.00 | 6% | 17% | 36% |
| 8 | 8 CBR, Sabiedrība ar ierobežotu atbildību | 42.11 | Construction of roads and motorways | 15,254,436.00 | -20% | -22% | -50% |
| 9 | VUDLANDE, Sabiedrība ar ierobežotu atbildību | 16.10 | Sawmilling and planing of wood | 14,802,416.00 | 14% | 16% | 27% |
| 10 | PATA Strenči, Akciju sabiedrība | 02.20 | Logging | 9,399,311.00 | 7% | -10% | -8% |
| 11 | LAUKU APGĀDS UN MELIORĀCIJA, SIA | 47.30 | Retail sale of automotive fuel in specialised stores | 9,135,611.00 | 9% | 3% | 15% |
| 12 | TROLL Smiltene, Sabiedrība ar ierobežotu atbildību | 31.09 | Manufacture of other furniture | 6,777,149.00 | 17% | -3% | 16% |
| 13 | PEPI RER, SIA | 22.21 | Manufacture of plastic plates, sheets, tubes and profiles | 5,892,884.00 | 19% | 30% | 34% |
| 14 | VĀRPAS 1, Sabiedrība ar ierobežotu atbildību | 16.10 | Sawmilling and planing of wood | 5,497,414.00 | -8% | 0% | -2% |
| 15 | Graanul Invest Energy, SIA | 35.11 | Production of electricity | 5,426,680.00 | n/d | n/d | n/d |
| 16 | Strenču psihoneiroloģiskā slimnīca, Valsts sabiedrība ar ierobežotu atbildību | 86.10 | Hospital activities | 4,656,718.00 | 2% | 7% | 12% |
| 17 | Seda, Akciju sabiedrība | 08.92 | Extraction of peat | 4,613,951.00 | -2% | 5% | 7% |
| 18 | Graanul Pellets Energy, SIA | 84.13 | Regulation of and contribution to more efficient operation of businesses | 4,568,181.00 | -17% | 3.15 times | n/d |
| 19 | PRIVĀTBŪVE, SIA | 46.13 | Agents involved in the sale of timber and building materials | 4,536,579.00 | -31% | -39% | 16% |
| 20 | Incukalns Energy, SIA | 35.11 | Production of electricity | 4,432,940.00 | -20% | 7.30 times | n/d |
| Number of entries | |||||||
| Total on page | 20 | ||||||
| Total | 100 |
Explanations of table columns
- Turnover, EUR - The company’s turnover in 2016.
- Against 2015 - Changes in the company’s turnover in 2016 as against the turnover of 2015. If the proportion of changes does not exceed 100%, the proportion of changes is stated by the formula ((turnover of 2016 - turnover of 2015) / turnover of 2015) x 100. If the proportion of changes is 100% or exceeds 100%, the proportion of changes is stated by the formula (turnover of 2016 / turnover of 2015).
- Against 2014 - Changes in the company’s turnover in 2016 as against the turnover of 2014. If the proportion of changes does not exceed 100%, the proportion of changes is stated by the formula ((turnover of 2016 - turnover of 2014) / turnover of 2014) x 100. If the proportion of changes is 100% or exceeds 100%, the proportion of changes is stated by the formula (turnover of 2016 / turnover of 2014).
- Against 2013 - Changes in the company’s turnover in 2016 as against the turnover of 2013. If the proportion of changes does not exceed 100%, the proportion of changes is stated by the formula ((turnover of 2016 - turnover of 2013) / turnover of 2013) x 100. If the proportion of changes is 100% or exceeds 100%, the proportion of changes is stated by the formula (turnover of 2016 / turnover of 2013).
In case of publishing or quoting, reference to the source of the Statistics - Lursoft - is mandatory.