Latvian Strong Balance Sheet Stocks

AS MADARA Cosmetics

Market Cap: €37.8m

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: €54.0m

Produces and sells alcoholic beverages in Latvia and internationally.

AS Kalve Coffee

Market Cap: €19.3m

Processes and sells tea and coffee.

AS Siguldas Ciltslietu Un Maksligas Apseklosanas Stacija

Market Cap: €2.3m

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

SAF Tehnika

Market Cap: €19.6m

Designs, manufactures, and distributes digital microwave transmission equipment in Latvia, North and South America, Europe, CIS, Asia, Africa, and the Middle East.

AS Virsi-A

Market Cap: €56.9m

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