Companies with biggest annual turnover
100 companies with the highest annual turnover in 2022, 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 18:10:56
The statistics are also available in the XLS and TXT formats.
| No | Company | NACE | Type of business (according to NACE) | Turnover, EUR | Against 2021 | Against 2020 | Against 2019 |
|---|---|---|---|---|---|---|---|
| 1 | Air Baltic Corporation, AS | 51.10 | Passenger air transport | 493,832,000.00 | 2.52 times | 3.63 times | -1% |
| 2 | SMARTLYNX AIRLINES, SIA | 51.10 | Passenger air transport | 235,155,965.00 | 2.33 times | 7.07 times | 33% |
| 3 | Kreiss, SIA | 49.41 | Freight transport by road | 211,062,141.00 | 26% | 31% | 20% |
| 4 | INTER CARS LATVIJA, Sabiedrība ar ierobežotu atbildību | 45.32 | Retail trade of motor vehicle parts and accessories | 155,861,214.00 | 22% | 72% | 87% |
| 5 | Booking Group Corporation, SIA | 79.90 | Other reservation service and related activities | 117,019,560.00 | 2.19 times | 242.96 times | n/d |
| 6 | Latvijas Pasts, Valsts akciju sabiedrība | 53.10 | Postal activities under universal service obligation | 100,008,828.00 | -5% | 6% | 4% |
| 7 | SIG Logistics, Sabiedrība ar ierobežotu atbildību | 46.42 | Wholesale of clothing and footwear | 76,731,462.00 | 30% | 58% | 53% |
| 8 | ALSO Latvia, SIA | 46.51 | Wholesale of computers, computer peripheral equipment and software | 74,712,164.00 | -26% | -11% | 5% |
| 9 | toplogistic, SIA | 46.19 | Agents involved in the sale of a variety of goods | 64,048,352.00 | 2.59 times | 5.60 times | 5.90 times |
| 10 | POLIPAKS, Sabiedrība ar ierobežotu atbildību | 22.22 | Manufacture of plastic packing goods | 63,771,146.00 | 15% | 33% | 35% |
| 11 | RIXJET, SIA | 19.20 | Manufacture of refined petroleum products | 63,026,494.00 | 2.58 times | 4.62 times | 19% |
| 12 | R GRUPA, SIA | 02.20 | Logging | 62,464,628.00 | 88% | 3.25 times | 3.10 times |
| 13 | VIVA SPORT, SIA | 47.64 | Retail sale of sporting equipment in specialised stores | 61,556,893.00 | 4.88 times | 6.08 times | 7.31 times |
| 14 | WESS, Akciju sabiedrība | 45.11 | Sale of cars and light motor vehicles | 60,616,393.00 | 21% | 44% | 6% |
| 15 | STARPTAUTISKĀ LIDOSTA "RĪGA", Valsts akciju sabiedrība | 52.23 | Service activities incidental to air transportation | 57,924,484.00 | 82% | 94% | -11% |
| 16 | BERERIX, Pilnsabiedrība | 41.20 | Construction of residential and non-residential buildings | 51,976,069.00 | 26% | 2.38 times | n/d |
| 17 | SPORTLAND, Sabiedrība ar ierobežotu atbildību | 47.64 | Retail sale of sporting equipment in specialised stores | 49,925,476.00 | 20% | 33% | 26% |
| 18 | Latvia MGI Tech, SIA | 72.11 | Research and experimental development on biotechnology | 49,855,590.00 | -23% | 8.30 times | 274.53 times |
| 19 | TRODO, Sabiedrība ar ierobežotu atbildību | 45.32 | Retail trade of motor vehicle parts and accessories | 43,643,929.00 | 2.05 times | 3.94 times | 7.52 times |
| 20 | DGR solutions, Sabiedrība ar ierobežotu atbildību | 47.19 | Other retail sale in non-specialised stores | 41,800,299.00 | 31% | 33% | 55% |
| Number of entries | |||||||
| Total on page | 20 | ||||||
| Total | 100 |
Explanations of table columns
- Turnover, EUR - The company’s turnover in 2022.
- Against 2021 - Changes in the company’s turnover in 2022 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 2022 - 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 2022 / turnover of 2021).
- Against 2020 - Changes in the company’s turnover in 2022 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 2022 - 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 2022 / turnover of 2020).
- Against 2019 - Changes in the company’s turnover in 2022 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 2022 - 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 2022 / turnover of 2019).
In case of publishing or quoting, reference to the source of the Statistics - Lursoft - is mandatory.