• Orkla Asa average return on tangible equity for 2023 was 53.82, a 6.69% decline from 2022.
• Orkla Asa average return on tangible equity for 2022 was 57.68, a 33% decline from 2021.
• Orkla Asa average return on tangible equity for 2021 was 43.37, a 25.78% increase from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.