Hovedstadens Lokalbaner (Danish pronunciation: [ˈhoːð̩ˌstæðn̩s loˈkɛˀlˌpɛːnɐ]) is a Danish company that owns the trains and tracks of several local railways around Copenhagen: Frederiksværkbanen, Gribskovbanen, Hornbækbanen, Lille Nord, Nærumbanen and Østbanen.
It leases trains and trackage rights to the operating companies DSB S-tog (for Lille Nord) and Lokalbanen (all other lines).
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