• Swedish Orphan Biovitrum average return on tangible equity for 2023 was -14.54, a 13.25% decline from 2022.
• Swedish Orphan Biovitrum average return on tangible equity for 2022 was -16.76, a 5.61% decline from 2021.
• Swedish Orphan Biovitrum average return on tangible equity for 2021 was -15.87, a 18.15% increase from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.