TOP 101 | Top101.lv

TOP 2019	TOP 2018	Company name	Value 2019	Value 2018	Change	Turnover 2018	EBITDA 2018	CorpGov Score	Industry
4	3	SWEDBANK, AS ^(K)	590.89	664.21	-11%	5834.9	808.2	97	Financial services
15	11	SEB BANKA, AS ^(K)	284.50	358.46	-21%	3718.6	387.1	100	Financial services
24	26	CITADELE BANKA, AS ^(K)	209.25	228.91	-9%	3052.1	296.8	77	Financial services
13	19	URALKALI TRADING, SIA	296.35	286.01	4%	1944.3	41.4	21	Trade: industrial goods
12	10	RIETUMU BANKA, AS ^(K)	320.65	384.75	-17%	1553.0	471.5	59	Financial services
19	20	ELKO GRUPA, AS ^(K)	248.77	269.48	-8%	1497.1	24.6	46	Trade: consumer goods
5	7	RIMI LATVIA, SIA	544.24	442.23	23%	893.7	54.4	40	Trade: consumer goods
25	16	URALCHEM TRADING, SIA	206.44	295.82	-30%	885.1	17.1	21	Trade: industrial goods
1	1	LATVENERGO, AS ^(K)	1568.54	1704.91	-8%	878.0	257.0	94	Utility services
10	13	MAXIMA LATVIJA, SIA	397.04	351.10	13%	776.6	33.1	69	Trade: consumer goods
29	33	SEVERSTAL DISTRIBUTION, SIA ^(K)	202.53	162.57	25%	723.5	28.6	34	Trade: industrial goods
22	31	CIRCLE K LATVIA, SIA	237.77	191.38	24%	425.0	23.5	36	Trade: energy carriers
35	58	AIR BALTIC CORPORATION, AS ^(K)	142.00	82.28	73%	402.0	40.9	86	Transport, transit, logistics
8	5	LATVIJAS DZELZCEĻŠ, VAS ^(K)	420.04	536.04	-22%	365.0	60.0	94	Transport, transit, logistics
11	12	LATVIJAS GĀZE, AS ^(K)	382.00	358.17	7%	344.9	38.4	91	Utility services
77	-	SANITEX, SIA ^(K)	62.09	-	-	342.8	7.4	20	Trade: consumer goods
43	46	BTA BALTIC INSURANCE COMPANY, AAS	98.05	96.80	1%	339.7	54.1	84	Financial services
2	2	LATVIJAS VALSTS MEŽI, AS ^(K)	753.90	770.50	-2%	333.3	140.9	94	Extraction of natural resources
34	44	NESTE LATVIJA, SIA	150.45	105.53	43%	329.1	13.9	73	Trade: energy carriers
67	77	SAMSUNG ELECTRONICS BALTICS, SIA	71.48	62.30	15%	312.1	7.4	38	Trade: consumer goods
37	45	DEPO DIY, SIA ^(K)	120.16	99.17	21%	277.7	15.8	24	Trade: consumer goods
9	14	REPHARM, AS ^(K)	401.03	350.04	15%	276.2	39.5	16	Trade: consumer goods
3	4	MIKROTĪKLS, SIA	611.62	650.47	-6%	258.7	70.7	29	Manufacturing: industrial products
23	22	LATVIJAS FINIERIS, AS ^(K)	214.02	256.95	-17%	250.9	33.9	32	Manufacturing: industrial products
18	17	KRONOSPAN RIGA, SIA	268.68	294.63	-9%	231.5	51.7	16	Manufacturing: industrial products
6	9	LATVIJAS MOBILAIS TELEFONS, SIA ^(K)	524.07	410.49	28%	216.2	70.1	83	IT and telecommunication services
7	8	TET, SIA ^{(K), 1}	460.72	415.21	11%	211.9	67.6	89	IT and telecommunication services
55	48	BALCIA INSURANCE, SE	84.24	92.30	-9%	204.6	50.1	46	Financial services
83	-	TOLMETS, SIA ^(K)	57.41	-	-	201.3	7.7	32	Trade: industrial goods
17	21	RĪGAS TIRDZNIECĪBAS OSTA, SIA ^(K)	273.45	263.79	4%	198.3	33.1	19	Transport, transit, logistics
54	66	UPB, AS ^(K)	86.16	73.90	17%	197.2	17.0	26	Construction
47	68	PATA, SIA ^(K)	93.91	70.47	33%	191.1	18.0	29	Manufacturing: industrial products
79	-	VIRŠI-A, AS	59.94	-	-	180.3	6.3	26	Trade: energy carriers
76	94	BALTA, AAS	62.24	48.51	28%	175.1	34.4	83	Financial services
36	34	KREISS, SIA	139.88	160.15	-13%	174.1	15.3	32	Transport, transit, logistics
94	-	SMARTLYNX AIRLINES, SIA ^(K)	47.87	-	-	171.9	16.9	30	Transport, transit, logistics
62	65	MEGO, SIA ^(K)	79.50	74.41	7%	162.3	6.8	20	Trade: consumer goods
58	63	RĪGAS SILTUMS, AS	81.11	77.98	4%	151.7	16.1	65	Utility services
21	29	GRINDEKS, AS ^(K)	238.38	214.49	11%	145.5	18.0	71	Manufacturing: consumer goods
14	27	TELE2, SIA	295.66	221.41	34%	131.4	41.8	70	IT and telecommunication services
39	38	4 FINANCE, AS	114.88	136.39	-16%	130.3	96.7	38	Financial services
69	75	FIRMA MADARA 89, SIA ^(K)	68.12	64.26	6%	129.9	5.9	23	Trade: consumer goods
46	59	SIROWA GROUP, SIA ^(K)	94.02	81.90	15%	129.7	6.2	23	Trade: consumer goods
16	18	OLAINFARM, AS ^(K)	284.31	293.67	-3%	124.3	20.8	90	Manufacturing: consumer goods
50	61	DOBELES DZIRNAVNIEKS, AS ^(K)	90.17	80.23	12%	121.4	12.7	22	Manufacturing: consumer goods
33	35	DROGAS, AS ^(K)	161.35	142.39	13%	107.1	14.6	52	Trade: consumer goods
30	40	BITE LATVIJA, SIA ^(K)	191.20	120.68	58%	106.3	34.1	25	IT and telecommunication services
92	-	BINDERS, CEĻU BŪVES FIRMA SIA ^(K)	50.31	-	-	99.9	11.1	26	Construction
80	82	RĪGAS PIENA KOMBINĀTS, AS ^(K)	59.86	57.47	4%	89.4	7.9	27	Manufacturing: consumer goods
52	60	EVOLUTION LATVIA, SIA	88.16	81.77	8%	89.0	12.2	32	Other commercial services
41	47	SCHWENK LATVIJA, SIA ³	112.52	93.91	20%	86.9	19.6	36	Manufacturing: industrial products
48	55	AKZ, SIA	93.68	83.12	13%	82.7	20.5	32	Manufacturing: industrial products
71	79	ORKLA CONFECTIONERY & SNACKS LATVIJA, SIA ^(K)	65.54	59.12	11%	82.2	6.3	42	Trade: consumer goods
26	28	ALFOR, SIA	204.87	219.18	-7%	77.1	26.8	43	Consumer services
72	73	LATVIJAS AUTOCEĻU UZTURĒTĀJS, AS	65.44	65.86	-1%	76.4	10.5	94	Construction
40	-	LATVIJAS BALZAMS, AS ²	112.89	-	-	75.1	9.4	87	Manufacturing: consumer goods
45	49	PINDSTRUP LATVIA, SIA ^(K)	94.08	89.89	5%	71.6	11.4	21	Extraction of natural resources
60	72	CIDO GRUPA, SIA	80.92	65.87	23%	66.4	6.5	30	Manufacturing: consumer goods
42	43	KNAUF, SIA	101.72	109.09	-7%	65.8	14.4	33	Manufacturing: industrial products
99	-	LEXEL FABRIKA, SIA	46.77	-	-	65.8	6.5	36	Manufacturing: industrial products
97	-	VIKA WOOD, SIA	47.45	-	-	64.8	8.0	39	Manufacturing: industrial products
100	83	JELD-WEN LATVIJA, SIA	46.45	57.11	-19%	62.7	4.2	36	Manufacturing: industrial products
74	42	LATGRAN, SIA	63.94	119.28	-46%	62.1	4.1	21	Manufacturing: energy carriers
27	25	OLYMPIC CASINO LATVIA, SIA	204.10	231.86	-12%	61.9	25.9	40	Consumer services
78	80	CĒSU ALUS, AS	61.64	58.80	5%	61.8	6.4	63	Manufacturing: consumer goods
28	23	STARPTAUTISKĀ LIDOSTA RĪGA, VAS	203.08	238.07	-15%	60.8	16.3	91	Transport, transit, logistics
32	37	"VENTSPILS NAFTA" TERMINĀLS, SIA	165.99	138.89	20%	57.8	21.2	32	Transport, transit, logistics
20	24	Conexus Baltic Grid, AS	241.00	232.21	4%	54.2	29.0	91	Transport, transit, logistics
63	88	RĪGAS ŪDENS, SIA	76.73	53.60	43%	53.7	15.7	63	Utility services
93	96	TAK INVESTĪCIJAS, AS ^(K)	48.43	48.08	1%	50.5	7.0	13	Utility services
64	54	BALTICOVO, AS	76.36	83.50	-9%	48.7	8.9	48	Manufacturing: consumer goods
65	56	CEĻU SATIKSMES DROŠĪBAS DIREKCIJA, VAS ^(K)	75.29	82.98	-9%	48.1	8.3	94	Other commercial services
44	53	STORENT INVESTMENTS, AS ^(K)	95.70	86.10	11%	45.4	12.7	55	Other commercial services
89	-	LOREAL BALTIC, SIA	51.86	-	-	45.3	6.8	34	Trade: consumer goods
38	41	JOKER LTD, SIA ^(K)	120.03	119.67	0%	43.2	17.9	14	Consumer services
84	-	SPORTLAND, SIA	57.36	-	-	42.5	5.9	15	Trade: consumer goods
75	69	LATVIJAS LOTO, VAS ^(K)	63.90	68.95	-7%	40.9	7.1	85	Consumer services
82	90	TIETO LATVIA, SIA	58.42	51.21	14%	40.9	5.7	36	IT and telecommunication services
31	32	VALSTS NEKUSTAMIE ĪPAŠUMI, VAS	185.99	184.86	1%	39.3	17.4	83	Real estate operations
90	-	DOUGLAS BALTIC, SIA ^(K)	51.74	-	-	39.0	5.1	31	Trade: consumer goods
96	76	AKG THERMOTECHNIK LETTLAND, SIA	47.63	64.06	-26%	34.7	4.9	33	Manufacturing: industrial products
101	98	RĪGAS PIENSAIMNIEKS, SIA	46.24	47.95	-4%	32.8	6.1	19	Manufacturing: consumer goods
70	64	ADMIRĀĻU KLUBS, SIA ^(K)	67.59	76.70	-12%	32.1	8.4	32	Consumer services
57	52	LATVIJAS GAISA SATIKSME, VAS	81.12	86.33	-6%	30.2	7.2	94	Transport, transit, logistics
73	-	Ceram Optec, SIA	64.66	-	-	29.1	6.5	18	Manufacturing: industrial products
86	67	BELAM-RĪGA, SIA	54.28	71.41	-24%	28.1	7.5	29	Other commercial services
49	51	RIGA FERTILIZER TERMINAL, SIA	91.28	86.81	5%	27.6	10.4	18	Transport, transit, logistics
68	70	STREK, SIA ^(K)	70.45	68.32	3%	26.1	8.0	23	Transport, transit, logistics
53	57	VIESNĪCA LATVIJA, AS	87.07	82.84	5%	23.9	8.9	52	Consumer services
91	93	AGA, SIA	51.19	49.67	3%	21.5	6.4	34	Trade: energy carriers
81	-	OPTIBET, SIA	59.80	-	-	20.9	10.6	30	Consumer services
59	81	LIGHT GUIDE OPTICS INTERNATIONAL, SIA ^(K)	80.96	57.57	41%	19.3	8.0	30	Manufacturing: industrial products
85	-	RĪGAS UNIVERSĀLAIS TERMINĀLS, SIA ^(K)	55.63	-	-	17.0	7.6	44	Transport, transit, logistics
66	71	BALTIC CONTAINER TERMINAL, SIA	74.22	66.82	11%	16.5	8.7	21	Transport, transit, logistics
95	91	GROGLASS, SIA	47.81	51.13	-6%	16.4	5.3	14	Manufacturing: industrial products
56	62	TIRDZNIECĪBAS CENTRS PLESKODĀLE, SIA	81.46	80.08	2%	14.3	9.5	15	Real estate operations
51	50	DELTA PROPERTY, SIA	89.61	89.17	0%	12.1	10.3	16	Real estate operations
87	97	LSREF3 RIGA PLAZA, SIA	53.67	47.95	12%	12.1	7.0	11	Real estate operations
88	-	EFTEN DOMINA, SIA	51.98	-	-	11.6	6.8	29	Real estate operations
61	74	SS, SIA	80.38	64.76	24%	8.2	7.1	27	IT and telecommunication services
98	100	LINSTOW, SIA	47.39	47.30	0%	7.0	5.2	42	Real estate operations

"(K)" placed after company names indicates that consolidated annual reports were used in preparation for the TOP.

* TOP 101 presents enterprise value, except for banks, other credit institutions and insurance companies for which the respective colum presents equity value.

** For banks, other credit institutions and insurance companies, the column presents book value of total assets as at the end of 2018.

** For banks, other credit institutions and insurance companies, the column presents book value of shareholders' equity as at the end of 2018.

¹The company name is now changed from Lattelecom, SIA to Tet, SIA.

²Latvijas Balzams, JSC is new in TOP only technically, as last year it was included in the consolidatated annual report of Amber Beverage Group, SIA, which is now reorganized.

³The company name is now changed from Cemex, SIA to Scwhenk Latvija, SIA

TOP 101 - 2019
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TOP 101 value of the last company present in TOP, million EUR

TOP 101 - 2019 Latvia's most valuable enterprises Discover your company’s value