Companies with biggest annual turnover
100 companies with the highest annual turnover in 2020, 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 before the reform corresponds to the new 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 13.03.2025.
The statistics were updated on 13.03.2025, at 19:16:30
The statistics are also available in the XLS and TXT formats.
| No | Company | NACE | Type of business (according to NACE) | Turnover, EUR | Against 2019 | Against 2018 | Against 2017 |
|---|---|---|---|---|---|---|---|
| 1 | Balticovo, Akciju sabiedrība | 01.47 | Raising of poultry | 54,318,414.00 | 7% | 12% | 4% |
| 2 | AGROCHEMA LATVIA, Sabiedrība ar ierobežotu atbildību | 46.75 | Wholesale of chemical products | 39,566,961.00 | 5% | 82% | 56% |
| 3 | LIELZELTIŅI, Sabiedrība ar ierobežotu atbildību(Reorganized 01.02.2024) | 01.47 | Raising of poultry | 35,076,684.00 | -1% | -12% | 4% |
| 4 | AGARIS LATVIA, AS | 08.92 | Extraction of peat | 12,884,955.00 | 79% | 21% | 36% |
| 5 | LRS MŪSA, SIA | 10.91 | Manufacture of prepared feeds for farm animals | 10,834,568.00 | -2% | 2% | 25% |
| 6 | FLORABALT SIA, Sabiedrība ar ierobežotu atbildību | 08.92 | Extraction of peat | 9,470,988.00 | 35% | 30% | 39% |
| 7 | YM MEDIA EUROPE, Sabiedrība ar ierobežotu atbildību | 73.11 | Advertising agencies | 8,610,635.00 | 48% | 2.04 times | 31% |
| 8 | UZVARA-LAUKS, SIA | 01.11 | Growing of cereals (except rice), leguminous crops and oil seeds | 8,368,782.00 | 10% | 23% | 9% |
| 9 | LV-SBS, Sabiedrība ar ierobežotu atbildību | 46.19 | Agents involved in the sale of a variety of goods | 7,165,233.00 | 18% | 24% | 40% |
| 10 | BAUSKAS ALUS, Sabiedrība ar ierobežotu atbildību | 11.05 | Manufacture of beer | 6,779,422.00 | -11% | -9% | 30% |
| 11 | SĒJAS, Āra Burkāna zemnieku saimniecība | 01.11 | Growing of cereals (except rice), leguminous crops and oil seeds | 6,542,463.00 | -9% | 16% | 9% |
| 12 | Piebalgas, Sabiedrība ar ierobežotu atbildību | 16.29 | Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials | 6,289,412.00 | 15% | -6% | 4% |
| 13 | KVĒLE, Sabiedrība ar ierobežotu atbildību | 43.21 | Electrical installation | 6,259,862.00 | 5% | 13% | 17% |
| 14 | Marino Solutions, SIA | 46.52 | Wholesale of electronic and telecommunications equipment and parts | 5,727,906.00 | 74% | 2.22 times | 5.05 times |
| 15 | SAIMNIEKS-V, Lauksaimniecības pakalpojumu kooperatīvā sabiedrība | 46.21 | Wholesale of grain, unmanufactured tobacco, seeds and animal feeds | 5,678,024.00 | 37% | 35% | 32% |
| 16 | Bēne Agro, SIA | 46.21 | Wholesale of grain, unmanufactured tobacco, seeds and animal feeds | 5,627,268.00 | 35% | 49% | 6.79 times |
| 17 | Iecavnieks & Co, SIA | 10.41 | Manufacture of oils and fats | 5,321,583.00 | 67% | 33% | 2.16 times |
| 18 | ZENNUN LV, Sabiedrība ar ierobežotu atbildību | 46.23 | Wholesale of live animals | 5,293,588.00 | 99% | 59% | 2.75 times |
| 19 | Anaerobic holding, SIA | 01.11 | Growing of cereals (except rice), leguminous crops and oil seeds | 4,766,877.00 | 26% | n/d | n/d |
| 20 | Lielmežotne, Sabiedrība ar ierobežotu atbildību | 01.50 | Mixed farming | 4,605,244.00 | 20% | 12% | 17% |
| Number of entries | |||||||
| Total on page | 20 | ||||||
| Total | 100 |
Explanations of table columns
- Turnover, EUR - The company’s turnover in 2020.
- Against 2019 - Changes in the company’s turnover in 2020 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 2020 - 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 2020 / turnover of 2019).
- Against 2018 - Changes in the company’s turnover in 2020 as against the turnover of 2018. If the proportion of changes does not exceed 100%, the proportion of changes is stated by the formula ((turnover of 2020 - turnover of 2018) / turnover of 2018) x 100. If the proportion of changes is 100% or exceeds 100%, the proportion of changes is stated by the formula (turnover of 2020 / turnover of 2018).
- Against 2017 - Changes in the company’s turnover in 2020 as against the turnover of 2017. If the proportion of changes does not exceed 100%, the proportion of changes is stated by the formula ((turnover of 2020 - turnover of 2017) / turnover of 2017) x 100. If the proportion of changes is 100% or exceeds 100%, the proportion of changes is stated by the formula (turnover of 2020 / turnover of 2017).
In case of publishing or quoting, reference to the source of the Statistics - Lursoft - is mandatory.