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Financials

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Managing Director’s review

Improved performance in 2023.

Maintaining a sound financial position is key to delivering the exceptional service Alandia is known for.

Our thorough risk management procedures and internal policies have enabled us to remain fiscally secure throughout our history. For more information on Alandia’s financial position, see our annual reports below.

VAT

The special status of the Åland Islands

When Finland became a member of the European Union, it also committed to applying tax systems according to EU directives in its indirect taxation. According to the Åland protocol in the Treaty of Accession, however, the Åland Islands is excluded from the application of EU VAT and excise tax directives.

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Alandia improved its performance 2023

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Alandia affirmed at ‘A-rating’ following revised capital model criteria by S&P Global Ratings

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Cefor G7 – Price Cap per Voyage attestation

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