The company said net profit to 31 December was SEK 258m ($30.42m) , compared to SEK 13m in 2013.
Operating costs rose to SEK 1.42bn, against SEK 1.32bn the year before.
But revenue was SEK 1.89bn, versus SEK 1.84bn in 2013.
Swedish tanker and ferry owner Rederi AB Gotland has logged higher earnings as revenue rose in 2014.
The company said net profit to 31 December was SEK 258m ($30.42m) , compared to SEK 13m in 2013.
Operating costs rose to SEK 1.42bn, against SEK 1.32bn the year before.
But revenue was SEK 1.89bn, versus SEK 1.84bn in 2013.