Copenhagen Airports AS (KBHL) — Financial Flexibility Index
Copenhagen Airports AS (KBHL) has a Financial Flexibility Index of 0.05x as of March 2026. Free cash flow of Dkr601.00 Million (operating CF Dkr188.00 Million minus capex Dkr413.00 Million) represents 0% of total liabilities (Dkr11.99 Billion). Check KBHL cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
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. For the full cash flow conversion analysis, see Copenhagen Airports AS (KBHL) cash conversion ratio.
Annual Financial Flexibility Index for Copenhagen Airports AS (2000–2025)
Year-by-year free cash flow to debt coverage for Copenhagen Airports AS. Explore how well can Copenhagen Airports AS service its debt to assess how comfortably operating cash covers total debt obligations.
| 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 | — |