“Verslo žinios“ has published the “Lithuanian Business Leaders 500” (LVL 500) ranking for the fifth time. Axioma servisas has risen by 36 positions in the latest list of the country’s leading companies and is ranked 151st this year.
The LVL 500 ranks the country’s largest companies based on 2021 results (before the peak of the uncontrolled price spike in mid-2022), while the company’s revenue is just one of the 8 evaluation criteria listed below:
- Revenue in 2021;
- Profit before tax in 2021;
- Profitability in 2021;
- Revenue growth in 2021 compared to 2020;
- Growth in profit before tax in 2021 compared to 2020;
- Profit per employee in 2021 (profit before tax divided by average number of employees);
- The ratio of the average wage paid in the company to the average wage paid in companies engaged in the same activity;
- In 2022, attracted the attention of “Verslo žinios” readers, whether in a positive or negative context.
For each of the 8 indicators, scores (0 to 1) were calculated, corresponding to the pattern of the statistical distribution of that indicator. The final rating of the company is obtained by adding the scores for all 8 criteria.
You can see the full list here.
