TOP 101 | Top101.lv

TOP 2024	TOP 2023	Company name	Value 2024	Value 2023	Change	Turnover 2023	EBITDA 2023	CorpGov Score	Industry
2	2	LATVENERGO, AS ^(K)	4023.9	2912.4	38%	2034.4	590.1	95	Utility services
3	3	LATVIJAS VALSTS MEŽI, AS ^(K)	1657.4	2206.1	-25%	626.1	293.9	98	Extraction of natural resources
4	4	MIKROTĪKLS, SIA	991.7	1182.3	-16%	401.6	109.6	10	Manufacturing: industrial products
6	6	AUGSTSPRIEGUMA TĪKLS, AS ^(K)	632.1	615.9	3%	234.5	43.9	89	Transmission and storage
12	8	ELKO GRUPA, AS ^(K)	401.6	576.4	-30%	1061.1	26.7	27	Trade: consumer goods
13	12	TET, SIA ^(K)	380.6	429.3	-11%	295.8	53.6	53	IT and telecommunication services
14	17	GRINDEKS, AS ^(K)	380.2	318	20%	207.5	18.3	47	Manufacturing: consumer goods
15	15	LATVIJAS FINIERIS, AS ^(K)	364.7	359.2	2%	404.8	78.1	46	Manufacturing: industrial products
17	21	RIETUMU BANKA, AS ^(K)	339.5	283	20%	1511.8	379.8	47	Financial services
18	18	VALSTS NEKUSTAMIE ĪPAŠUMI, VAS	326.4	310.1	5%	46.0	19.4	100	Real estate operations
20	19	AIR BALTIC CORPORATION, AS ^(K)	309.9	299.8	3%	664.2	82.7	89	Transportation, transit, logistics
22	41	DEPO DIY, SIA ^(K)	245.3	165.6	48%	553.2	39.6	13	Trade: consumer goods
25	27	LIGHT GUIDE OPTICS INTERNATIONAL, SIA ^(K)	215.7	218.6	-1%	53.7	22.1	8	Manufacturing: industrial products
27	23	KREISS, SIA	199.8	245.2	-18%	207.3	19.0	6	Transportation, transit, logistics
31	45	DISCOVER CAR HIRE, AS	179.2	134.5	33%	68.0	18.8	19	IT and telecommunication services
32	35	RĪGAS SILTUMS, AS ^(K)	178.8	181	-1%	442.0	27.4	65	Utility services
38	47	FIRMA MADARA 89, SIA	141.9	130.3	9%	207.9	16.5	10	Trade: consumer goods
40	40	LATVIJAS LOTO, VAS ^(K)	139.2	168	-17%	92.1	16.7	95	Consumer services
41	77	BALTICOVO, AS	136.4	76.2	79%	123.0	28.4	24	Manufacturing: consumer goods
42	30	RĪGAS ŪDENS, SIA	134.4	199.6	-33%	76.4	20.1	100	Utility services
44	62	CLEANR GRUPA, AS ^(K)	129.3	97.3	33%	102.0	18.2	91	Utility services
48	46	TOLMETS, SIA ^(K)	122.3	132.8	-8%	275.5	14.9	21	Trade: industrial goods
49	38	LATVIJAS DZELZCEĻŠ, VAS ^(K)	115.3	171.3	-33%	263.5	10.1	80	Transportation, transit, logistics
50	-	SUN FINANCE GROUP, AS ^(K)	115.3	-	-	254.6	94.8	32	Financial services
52	56	STIGA RM, SIA ^(K)	113.9	117.2	-3%	76.8	24.6	4	Manufacturing: industrial products
55	49	PRINTFUL LATVIA, AS ^{(K), 5}	108.6	127.2	-15%	83.7	10.5	10	Other commercial services
60	60	ZABBIX, SIA ^(K)	102.6	100.6	2%	19.7	7.4	8	IT and telecommunication services
61	43	E. GULBJA LABORATORIJA, SIA	102.3	145.3	-30%	39.4	5.7	13	Health care
65	-	4 FINANCE, AS	98.9	-	%	148.3	84.4	15	Financial services
66	24	AKZ, SIA	94.9	238.9	-60%	81.4	5.0	11	Manufacturing: industrial products
67	-	PICHE, SIA ^(K)	94.5	-	-	51.4	16.4	11	Construction
68	69	VIRŠI-A, AS ^{(K), 6}	92	85.9	7%	343.7	14.6	65	Trade: energy carriers
69	-	BR GROUP, SIA ^(K)	91.5	-	-	68.7	13.2	9	Consumer services
70	-	CHEMISPEC, SIA	90.9	-	-	73.0	19.0	10	Trade: industrial goods
76	84	BALCIA INSURANCE, SE	83.8	73.9	14%	189.0	59.5	48	Financial services
77	86	MEGO, SIA ^(K)	80.1	72.9	10%	203.5	9.0	8	Trade: consumer goods
79	28	GAUJAS KOKS, SIA	78.7	206.8	-62%	64.2	3.1	8	Manufacturing: industrial products
81	-	ENAMINE, SIA	78.1	-	-	46.8	15.8	4	Manufacturing: industrial products
82	-	STARPTAUTISKĀ LIDOSTA RĪGA, VAS	76.9	-	%	72.5	8.9	90	Transportation, transit, logistics
83	26	PATA, SIA ^(K)	76.4	230.7	-67%	230.9	0.0	21	Manufacturing: industrial products
84	-	BLUOR BANK, AS ^(K)	74.5	-	%	908.3	81.3	59	Financial services
85	100	CEĻU SATIKSMES DROŠĪBAS DIREKCIJA, VAS	73.7	65.6	12%	60.0	9.1	91	Other commercial services
88	-	STORENT HOLDING, AS ^{(K), 8}	70.4	-	%	42.7	13.3	79	Other commercial services
93	-	FORTIS VM, SIA ^(K)	68.1	-	-	130.6	9.7	13	Trade: consumer goods
95	83	LATVIJAS AUTOCEĻU UZTURĒTĀJS, AS	67.5	74.4	-9%	67.3	6.5	85	Construction
97	-	EAZYBI, SIA	66.7	-	-	9.9	6.6	4	IT and telecommunication services
98	98	GETLIŅI EKO, SIA	65.5	66.8	-2%	48.9	7.1	98	Other commercial services
100	-	INDEXO, IPAS ^{(K), 6}	64.3	-	-	16.1	13.1	90	Financial services
101	87	B-BUS, SIA ^(K)	63	72.6	-13%	37.0	6.4	25	Transportation, transit, logistics

(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 2023.

*** For banks, other credit institutions and insurance companies, the column presents book value of shareholders' equity as at the end of 2023.

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.

²Real estate of the shopping center "Akropole Rīga".

³Real estate of the shopping center "Akropole Alfa".

⁴Has been spinned off LATVIJAS GĀZE, AS in 2023.

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

⁶Publicly traded companies' valuation is based on the share price and balance sheet snapshot on June 30th, 2024.

⁷Tārgale wind park.

⁸Comparable to STORENT INVESTMENTS, AS, whose statements do not include STORENT, SIA anymore due to restructuring.

TOP 101 - 2024
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Comparison between TOP101 and GDP

Distribution of the value of TOP101 companies, based on capital structure

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

TOP 101 - 2024 Latvia's most valuable enterprises Discover your company’s value