• Novozymes average return on equity for 2022 was 26.66, a 4.48% decline from 2021.
• Novozymes average return on equity for 2021 was 27.91, a 0.72% decline from 2020.
• Novozymes average return on equity for 2020 was 27.71, a 1.42% increase from 2019.

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.