Latvian Strong Balance Sheet Stocks

AS MADARA Cosmetics

Market Cap: €42.4m

Produces and sells natural and organic cosmetics under the MADARA and MOSSA brand names in the Baltic and Nordic region.

AS Amber Latvijas balzams

Market Cap: €55.1m

Produces and sells alcoholic beverages in Latvia and internationally.

AS Kalve Coffee

Market Cap: €18.5m

Processes and sells tea and coffee.

AS Siguldas Ciltslietu Un Maksligas Apseklosanas Stacija

Market Cap: €2.2m

Produces and supplies breeding bull semen in the Republic of Latvia.

SAF Tehnika

Market Cap: €17.2m

Designs, develops, manufactures, and distributes digital microwave transmission equipment in Latvia and internationally.

AS Virsi-A

Market Cap: €58.3m

Engages in the retail and wholesale of oil products, as well as the retail sales of car goods and groceries in Latvia and internationally.