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 18:10:50
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 | Baltic Block, SIA | 16.29 | Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials | 18,764,043.00 | -1% | 5% | 48% |
| 2 | Cesvaines Piens, Akciju sabiedrība | 10.51 | Operation of dairies and cheese making | 16,578,117.00 | 22% | 36% | 44% |
| 3 | Pharmeko Lettland, Sabiedrība ar ierobežotu atbildību | 10.39 | Other processing and preserving of fruit and vegetables | 13,405,846.00 | 12% | 64% | 32% |
| 4 | Latvāņi, Sabiedrība ar ierobežotu atbildību | 16.10 | Sawmilling and planing of wood | 13,260,637.00 | 4% | -3% | 7% |
| 5 | BARKAVAS ARODI, LAUKSAIMNIECĪBAS PAKALPOJUMU KOOPERATĪVĀ SABIEDRĪBA | 46.21 | Wholesale of grain, unmanufactured tobacco, seeds and animal feeds | 9,179,550.00 | 7% | 97% | 14% |
| 6 | Madonas slimnīca, Madonas novada pašvaldības SIA | 86.10 | Hospital activities | 8,859,216.00 | 9% | 28% | 56% |
| 7 | DAMAKSNIS, Sabiedrība ar ierobežotu atbildību | 16.10 | Sawmilling and planing of wood | 7,602,395.00 | 11% | 21% | 24% |
| 8 | LAZDONAS PIENSAIMNIEKS, Akciju sabiedrība | 10.51 | Operation of dairies and cheese making | 6,415,719.00 | -5% | -6% | -1% |
| 9 | KALSNAVAS ELEVATORS, Sabiedrība ar ierobežotu atbildību | 11.01 | Distilling, rectifying and blending of spirits | 6,397,918.00 | 42% | 2.61 times | 104.58 times |
| 10 | GAIZIŅŠ, Meža pārstrādes kooperatīvā sabiedrība | 16.21 | Manufacture of veneer sheets and wood-based panels | 5,707,191.00 | 9% | 33% | 47% |
| 11 | AIBI, SIA | 10.11 | Processing and preserving of meat | 5,646,678.00 | 11% | -11% | -11% |
| 12 | HOLZWERKE LUBĀNA, SIA | 02.20 | Logging | 4,692,183.00 | -12% | -19% | 2% |
| 13 | HETA, Sabiedrība ar ierobežotu atbildību | 46.61 | Wholesale of agricultural machinery, equipment and supplies | 3,852,383.00 | -19% | -36% | -17% |
| 14 | VMS Timber, SIA | 16.10 | Sawmilling and planing of wood | 3,728,177.00 | 46% | 82% | 2.04 times |
| 15 | BETULA PREMIUM, Sabiedrība ar ierobežotu atbildību | 35.30 | Steam and air conditioning supply | 3,662,672.00 | 11% | 12% | 20% |
| 16 | NORTE, Sabiedrība ar ierobežotu atbildību | 16.10 | Sawmilling and planing of wood | 3,379,725.00 | 1% | 15% | -1% |
| 17 | AGRIKULA, Sabiedrība ar ierobežotu atbildību | 01.50 | Mixed farming | 3,181,995.00 | 37% | 2.16 times | 50% |
| 18 | RDN, SIA | 46.73 | Wholesale of wood, construction materials and sanitary equipment | 3,010,187.00 | 46% | 15% | 53% |
| 19 | SVIR, Sabiedrība ar ierobežotu atbildību | 95.12 | Repair of communication equipment | 2,976,567.00 | -1% | 34% | 57% |
| 20 | DAIMA, SIA | 47.19 | Other retail sale in non-specialised stores | 2,750,778.00 | 22% | 31% | 76% |
| 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.