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. Explore how much does Copenhagen Airports AS reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.
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. Also explore KBHL current and non-current assets for the complete picture of this company's asset base.
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 KBHL stock market capitalisation.
| 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 | — |