Companies with biggest annual turnover

100 companies with the highest annual turnover in 2014, 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 18:10:50

The statistics are also available in the XLS and TXT formats.

Municipality / town
Madonas novads
NoCompanyNACEType of business (according to NACE)Turnover, EURAgainst 2013Against 2012Against 2011
1Cesvaines Piens, Akciju sabiedrība10.51Operation of dairies and cheese making10,337,362.0012%18%31%
2Latvāņi, Sabiedrība ar ierobežotu atbildību16.10Sawmilling and planing of wood9,630,406.0010%26%31%
3Baltic Block, SIA16.29Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials9,089,396.0082%2.91 times3.03 times
4LAZDONAS PIENSAIMNIEKS, Akciju sabiedrība10.51Operation of dairies and cheese making7,147,232.00-1%16%25%
5BARKAVAS ARODI, LAUKSAIMNIECĪBAS PAKALPOJUMU KOOPERATĪVĀ SABIEDRĪBA46.21Wholesale of grain, unmanufactured tobacco, seeds and animal feeds5,730,622.00-14%-45%-20%
6HOLZWERKE LUBĀNA, SIA16.10Sawmilling and planing of wood5,259,958.000%9%15%
7Madonas slimnīca, Madonas novada pašvaldības SIA86.10Hospital activities5,034,195.008%21%26%
8AIBI, SIA46.11Agents involved in the sale of agricultural raw materials, live animals, textile raw materials and semi-finished goods4,867,603.00-12%-22%-11%
9DAMAKSNIS, Sabiedrība ar ierobežotu atbildību16.10Sawmilling and planing of wood4,746,680.0024%40%71%
10HETA, Sabiedrība ar ierobežotu atbildību46.61Wholesale of agricultural machinery, equipment and supplies3,864,244.00-17%-55%-44%
11A.A. & būvkompānijas, PS41.20Construction of residential and non-residential buildings3,539,536.0017%4.36 times-1%
12GAIZIŅŠ, Meža pārstrādes kooperatīvā sabiedrība16.21Manufacture of veneer sheets and wood-based panels3,526,763.009%45%32%
13BETULA PREMIUM, Sabiedrība ar ierobežotu atbildību35.30Steam and air conditioning supply3,241,001.0021%196.61 times208.09 times
14HALLE B, Sabiedrība ar ierobežotu atbildību43.22Plumbing, heat and air-conditioning installation3,235,217.0080%82%4.25 times
15LINCA, SIA16.10Sawmilling and planing of wood3,217,782.0010%35%24%
16AVE MTP, , SIA31.09Manufacture of other furniture2,885,028.007%7%-19%
17NORTE, Sabiedrība ar ierobežotu atbildību16.10Sawmilling and planing of wood2,866,285.0017%31%47%
18Klauģulejas, SIA43.99Other specialised construction activities n.e.c.2,730,271.002.47 times10.82 times38.22 times
19DAUGAVLĪČI, Sabiedrība ar ierobežotu atbildību16.10Sawmilling and planing of wood2,371,236.0033%58%2.86 times
20Pharmeko Lettland, Sabiedrība ar ierobežotu atbildību10.39Other processing and preserving of fruit and vegetables2,218,352.00-23%12%2.94 times
Number of entries
Total on page20
Total100
From 1 to 20 of 100 rows

Explanations of table columns

  • Turnover, EUR - The company’s turnover in 2014.
  • Against 2013 - Changes in the company’s turnover in 2014 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 2014 - 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 2014 / turnover of 2013).
  • Against 2012 - Changes in the company’s turnover in 2014 as against the turnover of 2012. If the proportion of changes does not exceed 100%, the proportion of changes is stated by the formula ((turnover of 2014 - turnover of 2012) / turnover of 2012) x 100. If the proportion of changes is 100% or exceeds 100%, the proportion of changes is stated by the formula (turnover of 2014 / turnover of 2012).
  • Against 2011 - Changes in the company’s turnover in 2014 as against the turnover of 2011. If the proportion of changes does not exceed 100%, the proportion of changes is stated by the formula ((turnover of 2014 - turnover of 2011) / turnover of 2011) x 100. If the proportion of changes is 100% or exceeds 100%, the proportion of changes is stated by the formula (turnover of 2014 / turnover of 2011).
Attention!In case of publishing or quoting, reference to the source of the Statistics - Lursoft - is mandatory.