Copenhagen Airports AS (KBHL) — Financial Flexibility Index
Copenhagen Airports AS (KBHL) has a Financial Flexibility Index of 0.12x as of December 2025. Free cash flow of Dkr1.44 Billion (operating CF Dkr669.00 Million minus capex Dkr768.00 Million) represents 0% of total liabilities (Dkr11.96 Billion). Check KBHL strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Copenhagen Airports AS Financial Flexibility Index (2000–2025)
Historical Financial Flexibility Index trend for Copenhagen Airports AS across 26 annual periods. See Copenhagen Airports AS working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Copenhagen Airports AS (2000–2025)
Year-by-year free cash flow to debt coverage for Copenhagen Airports AS. For the full company profile including market capitalisation, see market cap of Copenhagen Airports AS.
| Year | Flexibility Index | Free Cash Flow (DKK) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.34x | Dkr4.12 Billion | Dkr2.31 Billion | Dkr11.96 Billion | ▲ +25.4% |
| 2024 | 0.27x | Dkr3.22 Billion | Dkr1.92 Billion | Dkr11.70 Billion | ▲ +23.0% |
| 2023 | 0.22x | Dkr2.70 Billion | Dkr1.36 Billion | Dkr12.08 Billion | ▲ +134.2% |
| 2022 | 0.10x | Dkr1.14 Billion | Dkr191.00 Million | Dkr11.93 Billion | ▲ +157.6% |
| 2021 | 0.04x | Dkr450.90 Million | Dkr-129.70 Million | Dkr12.17 Billion | ▼ -74.7% |
| 2020 | 0.15x | Dkr1.70 Billion | Dkr183.10 Million | Dkr11.62 Billion | ▼ -59.3% |
| 2019 | 0.36x | Dkr3.91 Billion | Dkr1.77 Billion | Dkr10.89 Billion | ▼ -5.0% |
| 2018 | 0.38x | Dkr3.74 Billion | Dkr1.98 Billion | Dkr9.88 Billion | ▼ -8.9% |
| 2017 | 0.42x | Dkr3.51 Billion | Dkr2.03 Billion | Dkr8.44 Billion | ▲ +13.2% |
| 2016 | 0.37x | Dkr3.00 Billion | Dkr1.97 Billion | Dkr8.17 Billion | ▼ -6.0% |
| 2015 | 0.39x | Dkr3.00 Billion | Dkr1.85 Billion | Dkr7.68 Billion | ▲ +0.8% |
| 2014 | 0.39x | Dkr2.73 Billion | Dkr1.81 Billion | Dkr7.04 Billion | ▲ +12.4% |
| 2013 | 0.34x | Dkr2.30 Billion | Dkr1.38 Billion | Dkr6.66 Billion | ▼ -19.4% |
| 2012 | 0.43x | Dkr2.74 Billion | Dkr1.67 Billion | Dkr6.41 Billion | ▲ +100.6% |
| 2011 | 0.21x | Dkr1.29 Billion | Dkr511.90 Million | Dkr6.03 Billion | ▼ -2.4% |
| 2010 | 0.22x | Dkr1.27 Billion | Dkr491.90 Million | Dkr5.80 Billion | ▲ +11.5% |
| 2009 | 0.20x | Dkr1.07 Billion | Dkr471.10 Million | Dkr5.44 Billion | ▼ -22.4% |
| 2008 | 0.25x | Dkr1.23 Billion | Dkr392.80 Million | Dkr4.87 Billion | ▼ -16.3% |
| 2007 | 0.30x | Dkr1.18 Billion | Dkr354.50 Million | Dkr3.92 Billion | ▲ +36.7% |
| 2006 | 0.22x | Dkr1.02 Billion | Dkr326.20 Million | Dkr4.62 Billion | ▲ +22.9% |
| 2005 | 0.18x | Dkr921.90 Million | Dkr357.80 Million | Dkr5.14 Billion | ▼ -3.4% |
| 2004 | 0.19x | Dkr948.30 Million | Dkr476.20 Million | Dkr5.11 Billion | ▲ +43.0% |
| 2003 | 0.13x | Dkr697.81 Million | Dkr468.71 Million | Dkr5.38 Billion | ▼ -0.9% |
| 2002 | 0.13x | Dkr691.68 Million | Dkr472.89 Million | Dkr5.28 Billion | ▼ -50.7% |
| 2001 | 0.27x | Dkr1.37 Billion | Dkr862.93 Million | Dkr5.15 Billion | ▼ -28.9% |
| 2000 | 0.37x | Dkr1.42 Billion | Dkr944.58 Million | Dkr3.81 Billion | — |