NODES AS Aksjonærer (2026)

Norwegian shareholder-register lookup (Proff.no, sourced from Aksjonærregisteret) for NODES AS, organisasjonsnummer 920 321 844. Combines three linked clippings from the same lookup: direct owners (“Eiere”), and the full 52-row look-through indirect-owner list (“Indirekte eiere”), captured across two page views.

Company facts (2025)

• Founded: 2018
• Shares: 30,000 ordinary shares
• Share capital: 5,400,000 NOK
• Result before tax, 2025: −22,827,000 NOK (a loss)
• Dividend, 2025: none

Direct ownership — resolved

NODES AS has a single direct owner: Å ENERGI AS (org nr 981 952 324), holding all 30,000 ordinary shares — 100%.

This directly contradicts the “independent third-party” framing this page’s ownership data gap previously flagged as unresolved. NODES AS is not an arm’s-length, ownership-neutral vendor — it is a wholly-owned subsidiary of Å Energi, the Norwegian DSO group formed by the 2022 merger of NorFlex co-founders Agder Energi and Glitre Energi (see Source - Å Energi Transfers GridTools to NODES (2025)). The September 2025 GridTools transfer from Å Energi to NODES was therefore an intra-group asset move between a parent and its own subsidiary, not a third-party commercial deal.

Indirect ownership — full list (52 entities)

The lookup lists 52 indirect owners (look-through via Å Energi AS). All 52 are now captured:

Reading note on Statkraft: the three Statkraft entries (Statkraft SF, Statkraft AS, Statkraft Industrial Holding AS) show the identical stake — 32.617% / 9,785 shares — at three consecutive levels of a Norwegian state holding chain (Statkraft SF, the state-owned parent → Statkraft AS → Statkraft Industrial Holding AS). This is one ultimate look-through stake reported at each chain level, not three separate ~32.6% stakes.

Reading note on the >100% total: summing all 52 rows (Statkraft counted once) gives roughly 113–114%, not 100%. This is not an error in the source; Norwegian look-through registries commonly list ownership at multiple levels of the same chain simultaneously — here, Vardar AS (12.917%) is a Buskerud-region energy-investment holding company, and several of the small-percentage kommuner in this list (Lier, Kongsberg, Øvre Eiker, Ringerike, Modum, Sigdal, Hole, Flesberg, Ål, Hol, Gol, Lunner, Krødsherad, Jevnaker, Nesbyen, Rollag, Nore og Uvdal, Hemsedal, Flå, Gran) are municipalities in the same Buskerud/Hallingdal region and plausibly Vardar AS’s own underlying owners — meaning their stakes are likely counted both standalone and embedded inside Vardar AS’s line. This is an inference from municipality geography, not something the source states explicitly.

Geographic clustering (inference, not directly sourced): the 52 entities split fairly cleanly into two clusters recognisable by region — a large Agder-region group (Kristiansand, Arendal, Lindesnes, Grimstad, Lyngdal, Flekkefjord, Kvinesdal, Lillesand, Sirdal, Vennesla, Froland, Evje og Hornnes, Hægebostad, Farsund, Birkenes, Åmli, Risør, Valle, Bygland, Iveland, Tvedestrand, Åseral, Vegårshei, Bykle, Gjerstad), and a Buskerud/Drammen-region group (Drammen, Vardar AS, Lier, Kongsberg, Øvre Eiker, Ringerike, Modum, Gran, Sigdal, Hole, Flesberg, Ål, Hol, Gol, Lunner, Krødsherad, Jevnaker, Nesbyen, Rollag, Nore og Uvdal, Hemsedal, Flå, Lier Everk Holding AS), plus Statkraft and one outlier (Asker Kommune, near Oslo). This maps naturally onto Å Energi’s own 2022 merger ancestry — Agder Energi (Agder-region municipal ownership) and Glitre Energi (Drammen/Buskerud-region municipal ownership, via Vardar AS) — but this wiki has not ingested a source that states the mapping directly, so it is presented as a plausible reading of the data, not a confirmed fact.

What this establishes

• NODES AS is 100% owned by Å Energi AS — a single, disclosed, unambiguous direct ownership fact.
• Å Energi AS’s ownership traces through to Statkraft (Norway’s state-owned power company, ~32.6% indirect stake) and ~50 Norwegian municipalities/municipal holding companies, split geographically in a pattern consistent with (but not confirmed as) the Agder Energi / Glitre Energi merger ancestry.
• NODES AS made a pre-tax loss of ~22.8M NOK in 2025 and paid no dividend.

What remains unresolved

• Whether Å Energi exercises active governance/board control over NODES AS beyond its 100% shareholding (e.g. board composition, strategic direction) — not disclosed by a shareholder-register lookup.
• Whether NODES AS has raised any external capital (e.g. minority co-investors) since 2018 — the 100% single-owner structure as of this 2026 lookup suggests not, but no historical cap-table is available.
• Confirmation of the Agder Energi/Glitre Energi geographic-cluster inference above.

Relevance to existing wiki

• NODES — resolves the ownership data gap (direct ownership fully known; indirect ownership now fully listed, with the caveats above); requires the intro “independent third-party” framing and the GridTools section to treat the transfer as intra-group, not arm’s-length.