• Tele2 average return on equity for 2023 was 16.6, a 14.57% increase from 2022.
• Tele2 average return on equity for 2022 was 19.43, a 5.31% decline from 2021.
• Tele2 average return on equity for 2021 was 20.52, a 34.73% decline 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.