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 25.04.2025.
The statistics were updated on 25.04.2025, at 20:08:10
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 | VAKS, KOOPERATĪVĀ SABIEDRĪBA | 01.61 | Support activities for crop production | 131,054,334.00 | -28% | 2% | 58% |
| 2 | VALMIERAS STIKLA ŠĶIEDRA, Akciju sabiedrība | 23.14 | Manufacture of glass fibres | 117,796,363.00 | -8% | 30% | 42% |
| 3 | AIMASA, SIA | 41.20 | Construction of residential and non-residential buildings | 75,885,262.00 | 68% | 2.37 times | 2.22 times |
| 4 | BONO, SIA | 02.20 | Logging | 66,303,914.00 | -34% | -11% | 75% |
| 5 | Valmieras piens, , akciju sabiedrība | 10.51 | Operation of dairies and cheese making | 53,036,349.00 | 26% | 48% | 77% |
| 6 | PIENA LOĢISTIKA, Kooperatīvā sabiedrība | 46.33 | Wholesale of dairy products, eggs and edible oils and fats | 38,507,022.00 | -8% | 52% | 2.17 times |
| 7 | Vidzemes slimnīca, Sabiedrība ar ierobežotu atbildību | 86.10 | Hospital activities | 26,797,502.00 | -1% | -5% | 33% |
| 8 | WOLTEC, Sabiedrība ar ierobežotu atbildību | 42.22 | Construction of utility projects for electricity and telecommunications | 25,758,459.00 | 12% | 18% | 10% |
| 9 | VALPRO, SIA | 25.91 | Manufacture of steel drums and similar containers | 24,986,948.00 | -6% | 24% | 45% |
| 10 | Culimeta Baltics, Sabiedrība ar ierobežotu atbildību | 23.14 | Manufacture of glass fibres | 21,555,599.00 | -21% | 14% | 48% |
| 11 | MŪSU AUTO VALMIERA, SIA | 45.11 | Sale of cars and light motor vehicles | 20,417,671.00 | 24% | 78% | 2.64 times |
| 12 | BONO ENERGY, SIA | 46.73 | Wholesale of wood, construction materials and sanitary equipment | 14,256,219.00 | 315.39 times | n/d | n/d |
| 13 | PADTEX INSULATION, Sabiedrība ar ierobežotu atbildību | 23.14 | Manufacture of glass fibres | 12,720,483.00 | 12% | 65% | 95% |
| 14 | ZAAO, SIA | 38.11 | Collection of non-hazardous waste | 12,152,853.00 | 10% | 21% | 37% |
| 15 | LIEPKALNI, SIA | 01.11 | Growing of cereals (except rice), leguminous crops and oil seeds | 11,206,879.00 | 16% | 32% | 28% |
| 16 | SANART, Sabiedrība ar ierobežotu atbildību | 41.20 | Construction of residential and non-residential buildings | 11,070,637.00 | 38% | 75% | 31% |
| 17 | Valmieras ūdens, SIA | 35.30 | Steam and air conditioning supply | 10,977,235.00 | 8% | 50% | 65% |
| 18 | Klasmann-Deilmann Latvia, SIA | 08.92 | Extraction of peat | 10,750,872.00 | -1% | 8% | 26% |
| 19 | Meža Enerģija, SIA | 46.73 | Wholesale of wood, construction materials and sanitary equipment | 10,099,598.00 | -1% | 2.80 times | 4.29 times |
| 20 | TNR Valmiera, SIA | 47.43 | Retail sale of audio and video equipment in specialised stores | 10,005,606.00 | -1% | -1% | 6% |
| 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.