• Nordea Bank AB average debt/equity ratio for 2023 was 6.54, a 4.31% increase from 2022.
• Nordea Bank AB average debt/equity ratio for 2022 was 6.27, a 15.68% increase from 2021.
• Nordea Bank AB average debt/equity ratio for 2021 was 5.42, a 6.87% increase from 2020.

Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.