• Ericsson average return on assets for 2023 was -1.63, a 123.69% decline from 2022.
• Ericsson average return on assets for 2022 was 6.88, a 4.71% decline from 2021.
• Ericsson average return on assets for 2021 was 7.22, a 119.45% decline from 2020.

Roa - return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.