Cap Table
Real-time shareholder register, fully diluted in one click.
Every hour you spend cleaning up the spreadsheet is money leaving the company.
- You lose money. The lawyer and the accountant bill for every hour they spend cleaning it up.
- You lose time. The hours go to searching and sorting it out yourself, not to running the company.
- You lose trust. When investors cannot see the full picture at once, they get sceptical.
You can skip all of this. Nexus keeps the shareholder register tidy and available to every owner and investor. The money goes into building the company, not into cleanup.
The problem
Ownership in private companies is a mess of spreadsheets and email.
Outdated shareholder registers
The cap table lives in Excel — error-prone, scattered and always behind reality as the company grows.
Slow, expensive fundraising
Every offering requires lawyers, advisors and weeks of paperwork before the first krone is raised.
Investors left in the dark
Sporadic updates, no visibility into their own holdings — and no path to liquidity.
No unified overview
Ownership, communication and transactions sit in five different systems that do not talk to each other.
The share register
What is a digital share register?
In Norway, every limited company (AS) must keep a share register – the aksjeeierbok – listing who owns its shares. Section 4-5 of the Norwegian Companies Act requires the board to create it when the company is founded and to keep it securely; it may be kept electronically. In Nexus the register updates whenever shares are issued or change hands, with share numbers, dates and a full history.
What the law requires
- Every shareholder in alphabetical order, with name, date of birth or organisation number, and address (section 4-5)
- The number of shares and the share numbers for each owner – not just a count (section 4-5 (3))
- A new owner entered without delay, with the date of entry (section 4-7)
- Former shareholders kept for at least ten years (section 4-7 (3))
- Open to anyone who asks, except the shareholders' digital addresses (section 4-6)
Checked against the Companies Act on Lovdata, last updated
The platform
Four things a company has to get right – in one system
Share register and cap table
The share register with share numbers, share classes and the full transaction history, and a fully diluted cap table with options, SLIPs and convertible loans. Import the register from Excel or fetch the owners from the Norwegian shareholder register when you start, and export it to Excel when someone asks to see it.
Share register and cap tableFundraising and share issues
Build an offering page, invite investors and let them subscribe with BankID. Investors pay with a KID reference, and when the shares are issued they are entered in the share register with share numbers. Convertible loans and SLIPs can convert in the same issue.
Fundraising and share issuesBoard meetings with minutes
Send the notice and agenda with attachments, meet in person, online or by written procedure, and vote on each item. The minutes are drafted from the meeting and signed with BankID by those who must sign.
Board meetings in NexusGeneral meetings
Notice to every shareholder with the deadlines checked, proxies, advance voting with BankID and voting in a digital meeting room. Votes are counted from the shares in the register, and the minutes are signed with BankID.
Digital general meetingsA share issue, step by step
From resolution to an updated share register
How a share issue runs through Nexus – and what the company still does itself.
- 01
The resolution
The general meeting resolves the capital increase, or the board uses an authorisation (Companies Act sections 10-1 and 10-14). Notice, voting and minutes can all be done in Nexus.
- 02
Subscription
Investors subscribe on the offering page and sign the subscription with BankID.
- 03
Payment
Investors pay with a KID reference, and the company records the payments in Nexus.
- 04
Registration
The company files the capital increase with the Register of Business Enterprises. That happens outside Nexus.
- 05
Share register
The new shares are issued in Nexus and entered with share numbers from the time they carry rights (section 4-9). Convertible loans and SLIPs can convert in the same round.
The Platform
Everything you need, in one place
Nexus Connect brings cap table, investor relations and documentation into one seamless platform.
Cap Table
Full visibility into ownership structure, share classes and transactions, always up to date.
Investor Portal
Give your investors updates and access to documents.
AR
ID
BR
Norwegian Integrations
Log in and sign with BankID, company data from the Brønnøysund registers and ownership data from the shareholder register.
Brreg
The whole capital journey
Notifications from founding through a completed raise, so you follow every step.
Owners imported from the register
When you register the company, its owners are imported as they stood in the Norwegian shareholder register on 31 December – so the share register starts without a spreadsheet.
app.nexuscap.no /sign
Subscription Agreement
BankID · Signed
BankID Signing
Subscription agreements and minutes signed with BankID, in the same flow as the cap table.
Modules
Eight modules, one platform
From signing to general assembly — everything connects.
FAQ
Frequently asked questions
Everything you need to know about Nexus Connect and capital raising.
Does a Norwegian limited company have to keep a share register?
Yes. Section 4-5 of the Norwegian Companies Act requires the board to create a share register (aksjeeierbok) without delay once the company is founded, and to keep it securely. It may be kept electronically. It must show every shareholder and which shares they own, and under section 4-6 anyone may see it.
What does Norwegian law require of a digital share register?
Section 4-5 of the Norwegian Limited Liability Companies Act requires every AS to keep a register of shareholders (aksjeeierbok) in alphabetical order, with each shareholder's name, date of birth or organisation number, and address. For each shareholder it must show the number of shares and the share numbers, and the share class where the company has more than one. Under section 4-6 the register is open to anyone. Nexus keeps the register with share numbers, not just counts, and shows the date of birth – never the national identity number.
What is the difference between a share register and a cap table?
The share register (aksjeeierbok) is the legal record of who owns the shares in a Norwegian AS. A cap table shows the ownership split, often fully diluted – including options, SLIPs and convertible loans that are not shares yet. In Nexus the cap table is built from the share register, so the two always agree.
Can we move our share register from Excel to Nexus?
Yes. When you start, you can import the register from Excel or CSV – with share numbers and entry dates – or fetch the shareholders from the Norwegian shareholder register as of 31 December. From then on every change is recorded in Nexus.
How do we run a share issue in Nexus?
The general meeting resolves the capital increase, and investors subscribe on the offering page with BankID and pay with a KID reference. The company files the capital increase with the Register of Business Enterprises, and the new shares are issued in Nexus and entered in the share register with share numbers.
Can we hold board meetings and general meetings in Nexus?
Yes. Nexus sends the notice and agenda, handles proxies and advance votes, and has a digital meeting room for voting. The minutes are drafted from the meeting and signed with BankID. Nexus has no built-in video, so an online meeting runs alongside Teams, Zoom or similar.
How much does Nexus cost?
The price depends on your company's stage and the modules you need. Read more at nexuscap.no/en/pricing, or book a demo and we will find the right plan.
Get started
Raise capital the smart way
From investor relations to equity management – Nexus Connect gives you everything you need to succeed with fundraising.