• Telenor average return on equity for 2023 was 57.02, a 0.7% decline from 2022.
• Telenor average return on equity for 2022 was 57.42, a 293.83% decline from 2021.
• Telenor average return on equity for 2021 was 14.58, a 55.08% increase 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.