A&R Solar has been named one of Washington’s fastest-growing privately-held companies by the Puget Sound Business Journal.
The company’s revenue grew more than 144 percent over the previous year, recording a record annual revenue of $5.76 million in 2014.
A&R was also named a fastest-growing company in 2014 and 2013.
To make the list, companies must be privately held, headquartered in Washington State, have recorded revenue of at least $500,000 in 2012 and demonstrated revenue growth through 2014. The chief executive officer or chief financial officer must submit in writing — and personally vouch for — company revenues for the past three years.
The Business Journal calculates the revenue growth percentages by which the companies are ranked. Seattle and Bellevue each have 30 of the state’s fastest-growing companies, followed by Redmond with 10 and Kirkland with seven.