Copenhagen Airports AS (KBHL) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.121x

Based on the latest financial reports, Copenhagen Airports AS (KBHL) has a cash flow conversion efficiency ratio of 0.121x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (Dkr669.00 Million ≈ $104.67 Million USD) by net assets (Dkr5.51 Billion ≈ $861.77 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See how leveraged is Copenhagen Airports AS's balance sheet to measure how much of total assets are equity-financed.

Copenhagen Airports AS - Cash Flow Conversion Efficiency Trend (2000–2025)

This chart illustrates how Copenhagen Airports AS's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check earnings quality score of Copenhagen Airports AS to evaluate the quality of earnings relative to operating cash generation.

Copenhagen Airports AS Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Copenhagen Airports AS ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Hunan Yuneng New Energy Battery Material Co. Ltd. A SHE:301358	N/A
Technology One Ltd AU:TNE	0.496x
Everus Construction Group Inc NYSE:ECG	0.209x
Military Commercial Joint Stock Bank VN:MBB	-0.434x
BYD Electronic (International) Company Limited F:4BY	0.036x
NOV Inc. NYSE:NOV	-0.004x
Prosperity Bancshares Inc NYSE:PB	0.010x
Macerich Company NYSE:MAC	0.038x

Annual Cash Flow Conversion Efficiency for Copenhagen Airports AS (2000–2025)

The table below shows the annual cash flow conversion efficiency of Copenhagen Airports AS from 2000 to 2025. For the full company profile with market capitalisation and key ratios, see how much is Copenhagen Airports AS worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	Dkr5.51 Billion ≈ $861.77 Million	Dkr2.31 Billion ≈ $362.04 Million	0.420x	-3.12%
2024-12-31	Dkr4.42 Billion ≈ $690.92 Million	Dkr1.92 Billion ≈ $299.62 Million	0.434x	+9.54%
2023-12-31	Dkr3.44 Billion ≈ $537.90 Million	Dkr1.36 Billion ≈ $212.94 Million	0.396x	+591.63%
2022-12-31	Dkr3.34 Billion ≈ $522.10 Million	Dkr191.00 Million ≈ $29.88 Million	0.057x	+241.12%
2021-12-31	Dkr3.20 Billion ≈ $500.32 Million	Dkr-129.70 Million ≈ $-20.29 Million	-0.041x	-158.90%
2020-12-31	Dkr2.66 Billion ≈ $416.02 Million	Dkr183.10 Million ≈ $28.65 Million	0.069x	-87.35%
2019-12-31	Dkr3.26 Billion ≈ $509.85 Million	Dkr1.77 Billion ≈ $277.48 Million	0.544x	-15.17%
2018-12-31	Dkr3.09 Billion ≈ $482.87 Million	Dkr1.98 Billion ≈ $309.79 Million	0.642x	-0.42%
2017-12-31	Dkr3.15 Billion ≈ $493.22 Million	Dkr2.03 Billion ≈ $317.75 Million	0.644x	-0.48%
2016-12-31	Dkr3.04 Billion ≈ $475.33 Million	Dkr1.97 Billion ≈ $307.70 Million	0.647x	+4.70%
2015-12-31	Dkr2.99 Billion ≈ $468.06 Million	Dkr1.85 Billion ≈ $289.40 Million	0.618x	-2.57%
2014-12-31	Dkr2.85 Billion ≈ $445.14 Million	Dkr1.81 Billion ≈ $282.48 Million	0.635x	+33.02%
2013-12-31	Dkr2.90 Billion ≈ $453.82 Million	Dkr1.38 Billion ≈ $216.51 Million	0.477x	+2.76%
2012-12-31	Dkr3.60 Billion ≈ $563.59 Million	Dkr1.67 Billion ≈ $261.66 Million	0.464x	+164.46%
2011-12-31	Dkr2.92 Billion ≈ $456.21 Million	Dkr511.90 Million ≈ $80.09 Million	0.176x	+24.21%
2010-12-31	Dkr3.48 Billion ≈ $544.53 Million	Dkr491.90 Million ≈ $76.96 Million	0.141x	-4.28%
2009-12-31	Dkr3.19 Billion ≈ $499.19 Million	Dkr471.10 Million ≈ $73.71 Million	0.148x	+20.12%
2008-12-31	Dkr3.20 Billion ≈ $499.96 Million	Dkr392.80 Million ≈ $61.46 Million	0.123x	+29.49%
2007-12-31	Dkr3.73 Billion ≈ $584.26 Million	Dkr354.50 Million ≈ $55.46 Million	0.095x	+0.02%
2006-12-31	Dkr3.44 Billion ≈ $537.71 Million	Dkr326.20 Million ≈ $51.04 Million	0.095x	-9.50%
2005-12-31	Dkr3.41 Billion ≈ $533.79 Million	Dkr357.80 Million ≈ $55.98 Million	0.105x	-28.85%
2004-12-31	Dkr3.23 Billion ≈ $505.47 Million	Dkr476.20 Million ≈ $74.50 Million	0.147x	-1.37%
2003-12-31	Dkr3.14 Billion ≈ $490.72 Million	Dkr468.71 Million ≈ $73.33 Million	0.149x	+2.20%
2002-12-31	Dkr3.23 Billion ≈ $505.99 Million	Dkr472.89 Million ≈ $73.99 Million	0.146x	-46.34%
2001-12-31	Dkr3.17 Billion ≈ $495.42 Million	Dkr862.93 Million ≈ $135.01 Million	0.273x	-16.94%
2000-12-31	Dkr2.88 Billion ≈ $450.46 Million	Dkr944.58 Million ≈ $147.79 Million	0.328x	--

About Copenhagen Airports AS

CO:KBHL Denmark Airports & Air Services

Market Cap

$6.93 Billion

Dkr44.26 Billion DKK

Market Cap Rank

#2893 Global

#19 in Denmark

Share Price

Dkr5640.00

Change (1 day)

-0.35%

52-Week Range

Dkr5340.00 - Dkr6900.00

All Time High

Dkr7600.00