The company, which is mostly tax-funded, carried about 4.3 million travellers in 2003, covering a region from Arholma in north of the archipelago to Landsort in the south.

However, in 1898, dissatisfaction with the services provided by the Waxholms Ångfartygs Aktiebolag led to the foundation of a competitor, the Stockholm - Vaxholms Rederi AB.

[2][3][4][5] In 1913, the Enskilda Bank took over the running of the Waxholmsbolaget, in order to expand operations and offer a better service throughout the archipelago.

One of the changes introduced during this period was the company logo, a "W" on a blue and yellow background, designed by Jacob Hägg.

[1][2][6] In 1970, Waxholmsbolaget took over the services and fleet of the Stockholms Ångslups AB [sv] company, which had been founded in 1863.