Novozymes ROA - Return on Assets 2011-2023 | NVZMY
- Novozymes average return on assets for 2022 was 13.02, a 9.9% decline from 2021.
- Novozymes average return on assets for 2021 was 14.45, a 3.54% decline from 2020.
- Novozymes average return on assets for 2020 was 14.98, a 4.53% decline from 2019.
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.