Companies with biggest annual turnover
100 companies with the highest annual turnover in 2017, 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 18:10:53
The statistics are also available in the XLS and TXT formats.
| No | Company | NACE | Type of business (according to NACE) | Turnover, EUR | Against 2016 | Against 2015 | Against 2014 |
|---|---|---|---|---|---|---|---|
| 1 | Air Baltic Corporation, AS | 51.10 | Passenger air transport | 302,113,319.00 | 21% | 28% | 19% |
| 2 | Kreiss, SIA | 49.41 | Freight transport by road | 173,319,515.00 | 11% | 29% | 43% |
| 3 | SMARTLYNX AIRLINES, SIA | 51.10 | Passenger air transport | 114,094,790.00 | 14% | 35% | 48% |
| 4 | INTER CARS LATVIJA, Sabiedrība ar ierobežotu atbildību | 45.32 | Retail trade of motor vehicle parts and accessories | 89,949,303.00 | 18% | 62% | 2.63 times |
| 5 | Latvijas Pasts, Valsts akciju sabiedrība | 53.10 | Postal activities under universal service obligation | 75,589,029.00 | 21% | 25% | 23% |
| 6 | ALFOR, SIA | 92.00 | Gambling and betting activities | 72,615,888.00 | 11% | 20% | 36% |
| 7 | ALSO Latvia, SIA | 46.51 | Wholesale of computers, computer peripheral equipment and software | 60,204,187.00 | 7% | -14% | 8% |
| 8 | STARPTAUTISKĀ LIDOSTA "RĪGA", Valsts akciju sabiedrība | 52.23 | Service activities incidental to air transportation | 54,639,215.00 | 8% | 11% | 22% |
| 9 | WESS, Akciju sabiedrība | 45.11 | Sale of cars and light motor vehicles | 46,936,688.00 | 18% | 40% | 42% |
| 10 | RIXJET, SIA | 19.20 | Manufacture of refined petroleum products | 41,565,676.00 | 28% | 33% | 57% |
| 11 | MoonCom, Sabiedrība ar ierobežotu atbildību | 46.43 | Wholesale of electrical household appliances | 39,564,149.00 | 5% | -9% | -38% |
| 12 | POLIPAKS, Sabiedrība ar ierobežotu atbildību | 22.22 | Manufacture of plastic packing goods | 39,140,194.00 | 10% | 25% | 56% |
| 13 | RERE BŪVE, SIA | 41.20 | Construction of residential and non-residential buildings | 32,830,974.00 | 2.24 times | 5.87 times | n/d |
| 14 | Orkla Foods Latvija, Sabiedrība ar ierobežotu atbildību | 10.39 | Other processing and preserving of fruit and vegetables | 31,517,742.00 | 5% | 29% | 46% |
| 15 | DHL Express Latvia, SIA | 53.20 | Other postal and courier activities | 30,900,262.00 | 10% | 3% | -3% |
| 16 | FORUM AUTO, SIA | 45.11 | Sale of cars and light motor vehicles | 30,815,634.00 | 27% | 2.07 times | 88% |
| 17 | Latvijas gaisa satiksme, Valsts akciju sabiedrība | 52.23 | Service activities incidental to air transportation | 27,742,559.00 | 13% | 11% | 13% |
| 18 | TEZ TOUR, Sabiedrība ar ierobežotu atbildību | 79.12 | Tour operator activities | 25,941,213.00 | 38% | 18% | 15% |
| 19 | BOOKING GROUP, SIA | 79.90 | Other reservation service and related activities | 25,736,370.00 | 57% | 3.13 times | 3.71 times |
| 20 | Admirāļu klubs, SIA(Reorganized 21.12.2023) | 92.00 | Gambling and betting activities | 25,198,413.00 | 5% | 16% | 35% |
| Number of entries | |||||||
| Total on page | 20 | ||||||
| Total | 100 |
Explanations of table columns
- Turnover, EUR - The company’s turnover in 2017.
- Against 2016 - Changes in the company’s turnover in 2017 as against the turnover of 2016. If the proportion of changes does not exceed 100%, the proportion of changes is stated by the formula ((turnover of 2017 - turnover of 2016) / turnover of 2016) x 100. If the proportion of changes is 100% or exceeds 100%, the proportion of changes is stated by the formula (turnover of 2017 / turnover of 2016).
- Against 2015 - Changes in the company’s turnover in 2017 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 2017 - 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 2017 / turnover of 2015).
- Against 2014 - Changes in the company’s turnover in 2017 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 2017 - 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 2017 / turnover of 2014).
In case of publishing or quoting, reference to the source of the Statistics - Lursoft - is mandatory.