Copenhagen Airports AS (KBHL) — Cash Flow Quality Index
Copenhagen Airports AS (KBHL) has a Cash Flow Quality Index of 1.29x as of March 2026. Operating cash flow of Dkr188.00 Million exceeds net income of Dkr146.00 Million, indicating high earnings quality where cash backs reported profits. Explore KBHL debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Copenhagen Airports AS Cash Flow Quality Index (2000–2025)
Historical Cash Flow Quality Index for Copenhagen Airports AS across 24 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of Copenhagen Airports AS.
Annual Cash Flow Quality Index for Copenhagen Airports AS (2000–2025)
Year-by-year earnings quality comparison for Copenhagen Airports AS.
| Year | Quality Index | Operating CF (DKK) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.90x | Dkr2.31 Billion | Dkr1.22 Billion | ▲ +1.0% |
| 2024 | 1.88x | Dkr1.92 Billion | Dkr1.02 Billion | ▼ -63.4% |
| 2023 | 5.16x | Dkr1.36 Billion | Dkr264.00 Million | ▲ +415.5% |
| 2022 | 1.00x | Dkr191.00 Million | Dkr191.00 Million | ▼ -42.5% |
| 2019 | 1.74x | Dkr1.77 Billion | Dkr1.02 Billion | ▼ -3.0% |
| 2018 | 1.79x | Dkr1.98 Billion | Dkr1.11 Billion | ▲ +13.4% |
| 2017 | 1.58x | Dkr2.03 Billion | Dkr1.29 Billion | ▲ +1.1% |
| 2016 | 1.56x | Dkr1.97 Billion | Dkr1.26 Billion | ▼ -8.3% |
| 2015 | 1.70x | Dkr1.85 Billion | Dkr1.09 Billion | ▼ -9.6% |
| 2014 | 1.88x | Dkr1.81 Billion | Dkr958.40 Million | ▲ +32.9% |
| 2013 | 1.42x | Dkr1.38 Billion | Dkr976.10 Million | ▲ +36.9% |
| 2012 | 1.04x | Dkr1.67 Billion | Dkr1.61 Billion | ▲ +52.9% |
| 2011 | 0.68x | Dkr511.90 Million | Dkr755.70 Million | ▲ +25.1% |
| 2010 | 0.54x | Dkr491.90 Million | Dkr908.80 Million | ▼ -29.4% |
| 2009 | 0.77x | Dkr471.10 Million | Dkr614.30 Million | ▲ +47.5% |
| 2008 | 0.52x | Dkr392.80 Million | Dkr755.30 Million | ▲ +63.2% |
| 2007 | 0.32x | Dkr354.50 Million | Dkr1.11 Billion | ▼ -28.9% |
| 2006 | 0.45x | Dkr326.20 Million | Dkr728.30 Million | ▼ -16.1% |
| 2005 | 0.53x | Dkr357.80 Million | Dkr670.40 Million | ▼ -33.6% |
| 2004 | 0.80x | Dkr476.20 Million | Dkr592.80 Million | ▼ -29.0% |
| 2003 | 1.13x | Dkr468.71 Million | Dkr414.26 Million | ▼ -16.8% |
| 2002 | 1.36x | Dkr472.89 Million | Dkr347.83 Million | ▼ -46.4% |
| 2001 | 2.53x | Dkr862.93 Million | Dkr340.52 Million | ▲ +17.2% |
| 2000 | 2.16x | Dkr944.58 Million | Dkr436.69 Million | — |