• Nokia average return on equity for 2023 was 15.46, a 23.29% decline from 2022.
• Nokia average return on equity for 2022 was 12.54, a 273.44% increase from 2021.
• Nokia average return on equity for 2021 was -7.23, a 382% decline from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.