Copenhagen Airports AS (KBHL) — Cash Flow Reinvestment Rate
Copenhagen Airports AS (KBHL) has a Cash Flow Reinvestment Rate of 1.15x as of December 2025, reinvesting Dkr768.00 Million (capex Dkr768.00 Million ) from operating cash flow of Dkr669.00 Million. Check cash flow quality index of Copenhagen Airports AS to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Copenhagen Airports AS Cash Flow Reinvestment Rate (2000–2025)
Historical reinvestment intensity for Copenhagen Airports AS across 25 annual periods. Explore Copenhagen Airports AS long-term investment intensity to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Copenhagen Airports AS (2000–2025)
Year-by-year capital reinvestment analysis for Copenhagen Airports AS. For live market cap and broader valuation context, see Copenhagen Airports AS stock valuation.
| Year | Reinvestment Rate | Total Reinvested (DKK) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.78x | Dkr1.81 Billion | Dkr2.31 Billion | Dkr1.81 Billion | ▼ -44.0% |
| 2024 | 1.40x | Dkr2.67 Billion | Dkr1.92 Billion | Dkr1.30 Billion | ▼ -29.0% |
| 2023 | 1.97x | Dkr2.68 Billion | Dkr1.36 Billion | Dkr1.34 Billion | ▼ -80.1% |
| 2022 | 9.91x | Dkr1.89 Billion | Dkr191.00 Million | Dkr948.00 Million | ▲ +13.9% |
| 2020 | 8.69x | Dkr1.59 Billion | Dkr183.10 Million | Dkr1.52 Billion | ▲ +595.8% |
| 2019 | 1.25x | Dkr2.22 Billion | Dkr1.77 Billion | Dkr2.14 Billion | ▲ +34.8% |
| 2018 | 0.93x | Dkr1.84 Billion | Dkr1.98 Billion | Dkr1.76 Billion | ▲ +21.4% |
| 2017 | 0.76x | Dkr1.55 Billion | Dkr2.03 Billion | Dkr1.48 Billion | ▼ -26.9% |
| 2016 | 1.05x | Dkr2.06 Billion | Dkr1.97 Billion | Dkr1.03 Billion | ▲ +68.4% |
| 2015 | 0.62x | Dkr1.15 Billion | Dkr1.85 Billion | Dkr1.15 Billion | ▲ +21.3% |
| 2014 | 0.51x | Dkr924.10 Million | Dkr1.81 Billion | Dkr924.10 Million | ▼ -22.3% |
| 2013 | 0.66x | Dkr911.40 Million | Dkr1.38 Billion | Dkr911.40 Million | ▲ +3.0% |
| 2012 | 0.64x | Dkr1.07 Billion | Dkr1.67 Billion | Dkr1.07 Billion | ▼ -57.7% |
| 2011 | 1.51x | Dkr773.30 Million | Dkr511.90 Million | Dkr773.30 Million | ▼ -4.1% |
| 2010 | 1.57x | Dkr774.70 Million | Dkr491.90 Million | Dkr774.70 Million | ▲ +24.8% |
| 2009 | 1.26x | Dkr594.30 Million | Dkr471.10 Million | Dkr594.30 Million | ▼ -40.8% |
| 2008 | 2.13x | Dkr836.90 Million | Dkr392.80 Million | Dkr836.90 Million | ▼ -8.5% |
| 2007 | 2.33x | Dkr825.70 Million | Dkr354.50 Million | Dkr825.70 Million | ▲ +9.7% |
| 2006 | 2.12x | Dkr692.40 Million | Dkr326.20 Million | Dkr692.40 Million | ▲ +34.6% |
| 2005 | 1.58x | Dkr564.10 Million | Dkr357.80 Million | Dkr564.10 Million | ▲ +59.0% |
| 2004 | 0.99x | Dkr472.10 Million | Dkr476.20 Million | Dkr472.10 Million | ▲ +102.8% |
| 2003 | 0.49x | Dkr229.10 Million | Dkr468.71 Million | Dkr229.10 Million | ▲ +5.6% |
| 2002 | 0.46x | Dkr218.79 Million | Dkr472.89 Million | Dkr218.79 Million | ▼ -20.8% |
| 2001 | 0.58x | Dkr504.26 Million | Dkr862.93 Million | Dkr504.26 Million | ▲ +15.5% |
| 2000 | 0.51x | Dkr477.78 Million | Dkr944.58 Million | Dkr477.78 Million | — |