TOP 101 | Top101.lv

TOP 2022	TOP 2021	Company name	Value 2022	Value 2021	Change	Turnover 2021	EBITDA 2021	CorpGov Score	Industry
1	-	SWEDBANK BALTICS, AS ^{(K), 1}	3167.59	-	-	40936.0	3969.0	42	Financial services
16	16	CITADELE BANKA, AS ^(K)	344.75	374.57	-8%	5054.6	397.1	84	Financial services
12	10	SEB BANKA, AS ^(K)	412.91	458.29	-10%	4543.7	477.3	82	Financial services
11	12	ELKO GRUPA, AS ^{(K), 2}	427.17	432.16	-1%	1852.1	70.7	22	Trade: consumer goods
18	19	RIETUMU BANKA, AS ^(K)	285.04	319.43	-11%	1554.3	351.2	50	Financial services
2	1	LATVENERGO, AS ^(K)	2452.29	2062.15	19%	1065.2	149.2	90	Utility services
9	6	RIMI LATVIA, SIA	546.06	559.06	-2%	1015.4	60.0	37	Trade: consumer goods
6	5	MAXIMA LATVIJA, SIA	650.83	608.06	7%	915.2	72.5	30	Trade: consumer goods
20	9	LATVIJAS GĀZE, AS ^{(K), 3}	275.91	463.81	-41%	583.3	126.8	80	Utility services
39	37	CIRCLE K LATVIA, SIA	153.18	164.08	-7%	461.2	18.2	18	Trade: energy carriers
65	67	BTA BALTIC INSURANCE COMPANY, AAS	97.03	100.49	-3%	434.3	65.8	49	Financial services
70	60	SAMSUNG ELECTRONICS BALTICS, SIA	94.50	110.75	-15%	422.3	9.7	25	Trade: consumer goods
62	48	SANITEX, SIA ^(K)	108.21	123.36	-12%	414.0	12.3	11	Trade: consumer goods
3	2	LATVIJAS VALSTS MEŽI, AS ^(K)	1341.52	1460.07	-8%	405.4	169.5	88	Extraction of natural resources
60	65	NESTE LATVIJA, SIA	113.18	103.04	10%	386.4	14.6	47	Trade: energy carriers
35	28	DEPO DIY, SIA ^(K)	157.80	196.32	-20%	381.7	21.2	13	Trade: consumer goods
4	3	MIKROTĪKLS, SIA ^(K)	1308.28	1241.27	5%	378.8	108.8	8	Manufacturing: industrial products
59	-	TOLMETS, SIA ^(K)	114.01	-	-	344.5	24.2	14	Trade: industrial goods
5	8	KRONOSPAN RIGA, SIA	841.06	471.44	78%	305.2	122.6	11	Manufacturing: industrial products
14	14	LATVIJAS FINIERIS, AS ^(K)	388.32	421.72	-8%	257.0	34.2	38	Manufacturing: industrial products
22	56	PATA, SIA ^(K)	265.06	118.23	124%	254.4	40.6	21	Manufacturing: industrial products
10	11	TET, SIA ^(K)	452.81	438.06	3%	253.3	63.8	37	IT and telecommunication services
8	13	LATVIJAS MOBILAIS TELEFONS, SIA ^(K)	585.57	423.67	38%	252.9	82.5	62	IT and telecommunication services
24	20	LATVIJAS DZELZCEĻŠ, VAS ^(K)	232.93	307.56	-24%	249.2	18.3	78	Transportation, transit, logistics
76	39	UPB, AS ^(K)	91.17	157.72	-42%	238.6	4.1	37	Construction
17	36	GRINDEKS, AS ^(K)	327.75	165.48	98%	232.0	54.4	42	Manufacturing: consumer goods
73	90	VIRŠI-A, AS ^{(K), 3}	91.88	78.00	18%	220.9	9.7	88	Trade: energy carriers
23	17	RECIPE PLUS, AS	242.62	351.43	-31%	203.1	20.8	25	Trade: consumer goods
93	-	VK TRANZĪTS, SIA ^(K)	72.58	-	-	201.0	19.6	14	Trade: energy carriers
48	23	AIR BALTIC CORPORATION, AS ^(K)	139.17	253.86	-45%	198.3	4.8	61	Transportation, transit, logistics
69	76	BALTA, AAS	94.74	92.89	2%	187.9	60.5	79	Financial services
79	91	MEGO, SIA ^(K)	85.73	77.89	10%	187.7	10.6	6	Trade: consumer goods
87	-	BALCIA INSURANCE, SE	76.05	-	-	185.2	52.9	37	Financial services
7	7	AUGSTSPRIEGUMA TĪKLS, AS ^(K)	604.56	506.10	19%	182.2	66.3	89	Transmission and storage
41	40	DOBELES DZIRNAVNIEKS, AS ^(K)	150.70	146.31	3%	175.8	18.4	24	Manufacturing: consumer goods
44	46	FIRMA MADARA 89, SIA	144.96	130.39	11%	171.9	16.6	10	Trade: consumer goods
29	49	KREISS, SIA	170.75	122.80	39%	167.2	17.9	8	Transportation, transit, logistics
49	59	LATGRAN, SIA	134.66	112.08	20%	160.7	31.3	34	Manufacturing: energy carriers
13	21	TELE2, SIA	393.99	265.38	48%	152.2	59.6	42	IT and telecommunication services
33	31	RĪGAS SILTUMS, AS ^(K)	161.52	186.13	-13%	146.5	21.9	66	Utility services
28	57	OLAINFARM, AS ^(K)	181.34	115.61	57%	137.7	22.1	35	Manufacturing: consumer goods
31	-	SMARTLYNX AIRLINES, SIA ^(K)	163.09	-	-	136.8	12.3	17	Transportation, transit, logistics
19	27	BITE LATVIJA, SIA	279.56	196.52	42%	134.6	43.6	18	IT and telecommunication services
25	77	GAUJAS KOKS, SIA	231.18	92.43	150%	127.9	36.2	8	Manufacturing: industrial products
15	35	AKZ, SIA	348.21	166.18	110%	123.0	52.8	14	Manufacturing: industrial products
51	94	BYKO-LAT, SIA	129.08	75.95	70%	122.9	17.1	26	Manufacturing: industrial products
36	54	ECO BALTIA, AS ^(K)	154.84	118.91	30%	120.0	19.9	40	Utility services
91	86	ORKLA LATVIJA, SIA ^(K)	72.98	82.97	-12%	113.5	7.2	39	Manufacturing: consumer goods
68	69	RĪGAS PIENA KOMBINĀTS, AS ^(K)	95.25	99.47	-4%	111.5	11.3	10	Manufacturing: consumer goods
37	24	DROGAS, AS ^(K)	154.44	218.11	-29%	108.7	15.5	8	Trade: consumer goods
100	80	MAGNUM MEDICAL, SIA	65.82	89.81	-27%	108.4	4.4	32	Trade: consumer goods
85	-	LATVIJAS PASTS, VAS	76.80	-	-	105.3	2.1	95	Transportation, transit, logistics
92	84	VALMIERAS STIKLA ŠĶIEDRA, AS ^(K)	72.65	83.72	-13%	104.6	12.7	47	Manufacturing: industrial products
54	-	STORA ENSO LATVIJA, AS	125.99	-	-	104.4	18.7	18	Manufacturing: industrial products
75	53	PAUL MASON PROPERTIES, SIA	91.27	119.98	-24%	97.6	10.3	10	Trade: consumer goods
34	33	SCHWENK LATVIJA, SIA	161.09	174.65	-8%	96.5	30.8	31	Manufacturing: industrial products
63	55	EVOLUTION LATVIA, SIA	100.82	118.81	-15%	94.3	12.8	8	Other commercial services
30	88	KUREKSS, SIA ^(K)	163.61	82.00	100%	88.5	24.2	15	Manufacturing: industrial products
89	-	KRONUS, SIA	73.53	-	-	87.8	12.5	10	Manufacturing: industrial products
43	97	VIKA WOOD, SIA	147.30	74.57	98%	87.3	21.3	23	Manufacturing: industrial products
82	78	LATVIJAS AUTOCEĻU UZTURĒTĀJS, AS	81.97	91.84	-11%	85.1	10.9	75	Construction
56	45	KNAUF, SIA	120.90	132.01	-8%	83.2	21.8	29	Manufacturing: industrial products
38	81	RETTENMEIER BALTIC TIMBER, SIA ^(K)	153.29	88.16	74%	80.2	21.4	17	Manufacturing: industrial products
83	98	AMBER LATVIJAS BALZAMS, AS ^{3, 7}	79.32	74.45	7%	78.1	9.4	86	Manufacturing: consumer goods
101	75	PINDSTRUP LATVIA, SIA ^(K)	65.61	93.39	-30%	77.7	9.5	6	Extraction of natural resources
45	-	BSW LATVIA, SIA	142.61	-	-	77.1	22.3	8	Manufacturing: industrial products
32	72	E. GULBJA LABORATORIJA, SIA	162.74	96.59	68%	76.7	22.3	17	Health care
57	15	PRINTFUL LATVIA, AS ^{(K), 5}	120.10	387.11	-69%	72.0	7.2	15	Other commercial services
27	64	CENTRĀLĀ LABORATORIJA, SIA	183.66	104.22	76%	69.2	25.4	17	Health care
55	43	LATVIJAS LOTO, VAS ^(K)	121.29	136.05	-11%	65.3	13.5	71	Consumer services
96	96	CĒSU ALUS, AS	67.09	74.60	-10%	64.6	6.0	34	Manufacturing: consumer goods
95	-	ULTRAMAR, SIA ^(K)	67.18	-	-	61.6	12.8	12	Transportation, transit, logistics
64	62	KARAVELA, SIA	100.30	107.56	-7%	59.9	5.0	12	Manufacturing: consumer goods
26	32	RĪGAS ŪDENS, SIA	193.11	181.29	7%	55.8	17.1	66	Utility services
67	63	TIETO LATVIA, SIA	95.39	104.37	-9%	54.6	6.1	23	IT and telecommunication services
66	73	CLEANR GRUPA, AS ^{(K), 6}	96.54	94.98	2%	53.8	9.5	32	Utility services
47	51	VESELĪBAS CENTRU APVIENĪBA, AS	140.53	121.24	16%	53.0	15.1	27	Health care
98	-	PREMIER RESTAURANTS LATVIA, SIA	66.78	-	-	50.7	4.0	30	Consumer services
77	68	CEĻU SATIKSMES DROŠĪBAS DIREKCIJA, VAS ^(K)	88.84	99.62	-11%	50.6	9.2	91	Other commercial services
52	50	C.T.CO, SIA	127.39	122.18	4%	48.7	8.4	13	IT and telecommunication services
90	70	DOUGLAS BALTIC, SIA ^(K)	73.49	99.00	-26%	45.0	7.4	13	Trade: consumer goods
72	-	STIGA RM, SIA ^(K)	93.04	-	-	43.8	12.9	16	Manufacturing: industrial products
88	61	STORENT INVESTMENTS, AS ^(K)	73.91	110.02	-33%	42.9	5.2	61	Other commercial services
21	22	VALSTS NEKUSTAMIE ĪPAŠUMI, VAS	274.27	260.33	5%	41.8	17.4	90	Real estate operations
42	38	OPTIBET, SIA	148.34	157.97	-6%	41.0	21.7	8	Consumer services
50	58	CERAM OPTEC, SIA	130.97	114.09	15%	38.2	14.0	10	Manufacturing: industrial products
46	52	LIGHT GUIDE OPTICS INTERNATIONAL, SIA ^(K)	141.27	120.60	17%	38.0	15.9	4	Manufacturing: industrial products
74	89	"VENTSPILS NAFTA" TERMINĀLS, SIA	91.41	78.83	16%	35.6	14.2	8	Transportation, transit, logistics
94	99	GROGLASS, SIA	68.24	73.52	-7%	23.3	8.5	10	Manufacturing: industrial products
58	-	GREN LATVIJA, SIA	116.69	-	-	22.6	10.9	18	Utility services
80	74	MADARA COSMETICS, AS ^{(K), 3}	82.34	94.12	-13%	19.4	4.6	49	Manufacturing: consumer goods
97	-	RĪGAS UNIVERSĀLAIS TERMINĀLS, SIA ^(K)	66.92	-	-	16.3	7.7	35	Transportation, transit, logistics
40	42	M257, SIA ⁴	152.82	142.38	7%	16.1	11.6	13	Real estate operations
86	82	ZABBIX, SIA ^(K)	76.80	85.98	-11%	14.1	8.1	22	IT and telecommunication services
99	25	OLYMPIC CASINO LATVIA, SIA	66.61	211.72	-69%	10.5	-5.5	28	Consumer services
61	47	TIRDZNIECĪBAS CENTRS PLESKODĀLE, SIA	112.91	127.93	-12%	10.3	7.0	13	Real estate operations
53	-	DELTA PROPERTY, SIA	126.02	-	-	9.9	8.8	11	Real estate operations
71	41	SS, SIA	93.89	145.30	-35%	9.5	8.0	6	IT and telecommunication services
78	71	EFTEN DOMINA, SIA	87.45	98.25	-11%	9.0	5.5	10	Real estate operations
81	-	JAUNĀ TEIKA OFFICES, SIA	82.31	-	-	8.9	6.5	13	Real estate operations
84	85	LSREF3 RIGA PLAZA, SIA	78.17	83.31	-6%	8.7	5.5	8	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 2021.

*** For banks, other credit institutions and insurance companies, the column presents book value of shareholders' equity as at the end of 2021.

¹SWEDBANK BALTICS, AS is a financial holding company for subsidiary banks in Estonia, Latvia and Lithuania. The company is not comparable to SWEDBANK, AS, which was in the TOP of 2021.

²ELKO GRUPA, AS's value is based on financial data from 2021, before the divestment process from all Russian subsidiaries and before finishing the separation of business activities.

³Publicly traded companies' valuation is based on the share price and balance sheet snapshot on June 30th, 2022.

⁴Real estate of the shopping center "Akropole".

⁵PRINTFUL LATVIA, AS and under it consolidated daughter companies' valuation represents only a part of total "Printful" company value.

⁶Company changed name during the year 2022. Formerly, in the TOP of 2021, company was listed under the previous name TAK INVESTĪCIJAS, AS.

⁷Company changed name during the year 2022. Formerly, in the TOP of 2021, company was listed under the previous name LATVIJAS BALZAMS, AS.

TOP 101 - 2022
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