TOP 101 - 2023
Latvia's most valuable enterprises
Discover your company’s value
| TOP 2023 | TOP 2022 | Company name | Value 2023 | Value 2022 | Change | Turnover 2022 | EBITDA 2022 | CorpGov Score | Industry | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 1 | SWEDBANK BALTICS, AS (K), 1 | 3397.58 | 3167.59 | 7% | 41337.0 | 4185.0 | 42 | Financial services | |
| 11 | 12 | SEB BANKA, AS (K) | 447.62 | 412.91 | 8% | 5472.8 | 505.9 | 85 | Financial services | |
| 14 | 16 | CITADELE BANKA, AS (K) | 374.67 | 344.75 | 9% | 5404.3 | 424.2 | 84 | Financial services | |
| 21 | 18 | RIETUMU BANKA, AS (K) | 283.02 | 285.04 | -1% | 1395.3 | 345.0 | 47 |
|
Financial services |
| 67 | 69 | BALTA, AAS | 88.08 | 94.74 | -7% | 208.9 | 59.4 | 79 | Financial services | |
| 81 | 65 | BTA BALTIC INSURANCE COMPANY, AAS | 75.58 | 97.03 | -22% | 464.7 | 53.9 | 51 | Financial services | |
| 84 | 87 | BALCIA INSURANCE, SE | 73.85 | 76.05 | -3% | 196.1 | 53.0 | 48 |
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Financial services |
(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 2022.
*** For banks, other credit institutions and insurance companies, the column presents book value of shareholders' equity as at the end of 2022.
¹SWEDBANK BALTICS, AS is a financial holding company for subsidiary banks in Estonia, Latvia and Lithuania. The company is not comparable to SWEDBANK, AS in previous TOPs.
²Publicly traded companies' valuation is based on the share price and balance sheet snapshot on June 30th, 2023.
³Real estate of the shopping center "Akropole Rīga".
⁴Real estate of the shopping center "Akropole Alfa".
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 2023. Formerly, in the TOP of 2022, company was listed under the previous name TIETO LATVIA, SIA.
⁷Tārgale wind park.