{
 "as_of": "2026-11-06",
 "cmr": "no-cm-kg/XOSL/NO0010081235",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# NEL (Euronext Oslo Bors: NO0010081235) — research page\n\nAs of 2026-11-06 · no-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is NEL, listed on Euronext Oslo Bors, with ticker NO0010081235, ISIN NO0010081235 and LEI 549300G6XN5IXMRKEG37. The security type, segment, sector and jurisdiction are not on the record. The issuer's listing status is listed.\n\n## The disclosure read\n\nThe record holds 32 filings in the twelve months to 2026-11-06, across 27 filing days. The median gap between filing days is 7.5 days. The latest filing is dated 2026-10-21, 16 days before the record date, and is of type INSIDE INFORMATION. The exchange median gap between filing days is 6.0 days, the exchange median filings are 48, and the exchange median latency is 2.0 days, across 195 issuers. The sector comparison is not on the record.\n\n## Auditor\n\nThe auditor of record and its location are not on the record. The auditor changes are not on the record, as this register has no lifecycle type map yet.\n\n## Events and halts\n\nThe listing, delisting, name change, domicile change and segment move lines are not on the record, as this register has no lifecycle type map yet. The halt flag is listed.\n\n## Orderability\n\nThe outcome is not determinable under rule version acm-68000/no/mifid-ii-product-governance/r1, as of 2026-11-04. The chapter's orderability section carries no client categories, so the outcome cannot name its client category.\n\n## Coverage\n\nThe issuer's own investor-relations page names 22 research houses: ABG Sundal Collier, AlphaValue, Arctic, Citi, Danske Bank, DNB, Fearnleys, Goldman Sachs, Jefferies, JP Morgan, Morgan Stanley, Bank Pekao, Barclays, Berenberg, Nordea, Norne, Pareto, Redburn, Santander, SEB, SpareBank 1 Markets and UBS.\n\n## Open research\n\nNo openly published research notes were found on the record.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe market's vintage is not sealed. No sealed years hold the issuer, no earliest sealed date is on the record for this market, and the live record began date is not on the record.\n\n## Sources\n\n6 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://firds.esma.europa.eu/firds/ (identity.exchange)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.no-cm-kg.ai/events/XOSL/NO0010081235 (the disclosure lines)\n- https://no.eu-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://nelhydrogen.com/investor-relations/ (coverage)\n- https://mcp.no-cm-kg.ai/record/XOSL/NO0010081235 (the record)\n",
 "market": "NO",
 "node": "no-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": null,
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "the NO vintage is not sealed; the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false
  },
  "auditor": {
   "auditor": {
    "market": "NO",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "NO",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "NO",
    "state": "not_on_record"
   },
   "changes": {
    "market": "NO",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "no-cm-kg/XOSL/NO0010081235",
  "coverage": {
   "count": 22,
   "houses": [
    {
     "analyst": "Daniel Vårdal Haugland",
     "house": "ABG Sundal Collier",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://nelhydrogen.com/investor-relations/",
     "state": "sourced"
    },
    {
     "analyst": "Kulwinder Rajpal",
     "house": "AlphaValue",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://nelhydrogen.com/investor-relations/",
     "state": "sourced"
    },
    {
     "analyst": "Daniel Stenslet",
     "house": "Arctic",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://nelhydrogen.com/investor-relations/",
     "state": "sourced"
    },
    {
     "analyst": "Vivek Midha",
     "house": "Citi",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://nelhydrogen.com/investor-relations/",
     "state": "sourced"
    },
    {
     "analyst": "Elliott Jones",
     "house": "Danske Bank",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://nelhydrogen.com/investor-relations/",
     "state": "sourced"
    },
    {
     "analyst": "Helene Kvilhaug Brønbo",
     "house": "DNB",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://nelhydrogen.com/investor-relations/",
     "state": "sourced"
    },
    {
     "analyst": "Lars August Christensen",
     "house": "Fearnleys",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://nelhydrogen.com/investor-relations/",
     "state": "sourced"
    },
    {
     "analyst": "Michele Dellavigna",
     "house": "Goldman Sachs",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://nelhydrogen.com/investor-relations/",
     "state": "sourced"
    },
    {
     "analyst": "Constantin Hesse",
     "house": "Jefferies",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://nelhydrogen.com/investor-relations/",
     "state": "sourced"
    },
    {
     "analyst": "Patrick Jones",
     "house": "JP Morgan",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://nelhydrogen.com/investor-relations/",
     "state": "sourced"
    },
    {
     "analyst": "Arthur Sitbon",
     "house": "Morgan Stanley",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://nelhydrogen.com/investor-relations/",
     "state": "sourced"
    },
    {
     "analyst": "Damian Szparaga",
     "house": "Bank Pekao",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://nelhydrogen.com/investor-relations/",
     "state": "sourced"
    },
    {
     "analyst": "Naisheng Cui",
     "house": "Barclays",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://nelhydrogen.com/investor-relations/",
     "state": "sourced"
    },
    {
     "analyst": "James Carmichael",
     "house": "Berenberg",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://nelhydrogen.com/investor-relations/",
     "state": "sourced"
    },
    {
     "analyst": "Andreas Nibe Nygård",
     "house": "Nordea",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://nelhydrogen.com/investor-relations/",
     "state": "sourced"
    },
    {
     "analyst": "Tomas Skeivys",
     "house": "Norne",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://nelhydrogen.com/investor-relations/",
     "state": "sourced"
    },
    {
     "analyst": "Kari Eide Hartvedt",
     "house": "Pareto",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://nelhydrogen.com/investor-relations/",
     "state": "sourced"
    },
    {
     "analyst": "Skye Landon",
     "house": "Redburn",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://nelhydrogen.com/investor-relations/",
     "state": "sourced"
    },
    {
     "analyst": "Jose Luis Pascual",
     "house": "Santander",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://nelhydrogen.com/investor-relations/",
     "state": "sourced"
    },
    {
     "analyst": "Anders Rosenlund",
     "house": "SEB",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://nelhydrogen.com/investor-relations/",
     "state": "sourced"
    },
    {
     "analyst": "Andreas Skeisvoll Grimsmo",
     "house": "SpareBank 1 Markets",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://nelhydrogen.com/investor-relations/",
     "state": "sourced"
    },
    {
     "analyst": "Christopher Leonard",
     "house": "UBS",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://nelhydrogen.com/investor-relations/",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://nelhydrogen.com/investor-relations/",
     "result": "read: 22 of 34 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 195,
     "median_cadence_gap_days": 6,
     "median_filings": 48,
     "median_latency_days": 2,
     "name": "Euronext Oslo Bors"
    },
    "sector": {
     "market": "NO",
     "state": "not_on_record"
    }
   },
   "by_type": {
    "ADDITIONAL REGULATED INFORMATION REQUIRED TO BE DISCLOSED UNDER THE LAWS OF A MEMBER STATE": 8,
    "ANNUAL FINANCIAL REPORT": 1,
    "HALF YEAR FINANCIAL REPORT": 4,
    "INSIDE INFORMATION": 9,
    "MAJOR SHAREHOLDINGS NOTIFICATION": 2,
    "MANAGERS’ TRANSACTION": 4,
    "NON-REGULATORY PRESS RELEASES": 4
   },
   "cadence_median_gap_days": 7.5,
   "filing_days": 27,
   "filings": 32,
   "latency_days": 16,
   "latest": [
    {
     "category": "INSIDE INFORMATION",
     "date": "2026-10-21",
     "source": "https://newsweb.oslobors.no/message/684548",
     "title": "Nel ASA: Morten Holum appointed new Chief Executive Officer",
     "type": "INSIDE INFORMATION"
    },
    {
     "category": "HALF YEAR FINANCIAL REPORT",
     "date": "2026-10-15",
     "source": "https://newsweb.oslobors.no/message/684108",
     "title": "Nel ASA: Third quarter 2026 financial results",
     "type": "HALF YEAR FINANCIAL REPORT"
    },
    {
     "category": "INSIDE INFORMATION",
     "date": "2026-10-13",
     "source": "https://newsweb.oslobors.no/message/684037",
     "title": "Nel ASA: Receives purchase order for multiple containerized PEM solutions from a leading U.S. technology customer",
     "type": "INSIDE INFORMATION"
    },
    {
     "category": "NON-REGULATORY PRESS RELEASES",
     "date": "2026-10-13",
     "source": "https://newsweb.oslobors.no/message/683975",
     "title": "Nel ASA: Partners with Rheinmetall on its Giga PtX project for decentralized synthetic fuel production",
     "type": "NON-REGULATORY PRESS RELEASES"
    },
    {
     "category": "ADDITIONAL REGULATED INFORMATION REQUIRED TO BE DISCLOSED UNDER THE LAWS OF A MEMBER STATE",
     "date": "2026-10-08",
     "source": "https://newsweb.oslobors.no/message/683767",
     "title": "Nel ASA: Invitation to Q3 2026 results presentation",
     "type": "ADDITIONAL REGULATED INFORMATION REQUIRED TO BE DISCLOSED UNDER THE LAWS OF A MEMBER STATE"
    }
   ],
   "latest_filing_date": "2026-10-21",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.no-cm-kg.ai/events/XOSL/NO0010081235",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "eu-sources/no/roster.py (FIRDS https://registers.esma.europa.eu/solr/esma_registers_firds_files/select)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/ (ESMA FIRDS FULINS_E 2026-11-07: FULINS_E_20261107_01of02.zip, FULINS_E_20261107_02of02.zip)",
    "state": "sourced",
    "value": "Euronext Oslo Bors"
   },
   "isin": {
    "read_by": "eu-sources/no/roster.py (FIRDS https://registers.esma.europa.eu/solr/esma_registers_firds_files/select)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/ (ESMA FIRDS FULINS_E 2026-11-07: FULINS_E_20261107_01of02.zip, FULINS_E_20261107_02of02.zip)",
    "state": "sourced",
    "value": "NO0010081235"
   },
   "jurisdiction": {
    "market": "NO",
    "state": "not_on_record"
   },
   "lei": {
    "read_by": "GLEIF ISIN-to-LEI mapping file (daily), LEI by exact ISIN",
    "read_date": "2026-11-09",
    "read_date_basis": "the field",
    "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download (ISIN NO0010081235)",
    "state": "sourced",
    "value": "549300G6XN5IXMRKEG37"
   },
   "name": {
    "read_by": "eu-sources/no/roster.py (FIRDS https://registers.esma.europa.eu/solr/esma_registers_firds_files/select)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/ (ESMA FIRDS FULINS_E 2026-11-07: FULINS_E_20261107_01of02.zip, FULINS_E_20261107_02of02.zip)",
    "state": "sourced",
    "value": "NEL"
   },
   "sector": {
    "market": "NO",
    "state": "not_on_record"
   },
   "security_type": {
    "market": "NO",
    "state": "not_on_record"
   },
   "segment": {
    "market": "NO",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "eu-sources/no/roster.py (FIRDS https://registers.esma.europa.eu/solr/esma_registers_firds_files/select)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/ (ESMA FIRDS FULINS_E 2026-11-07: FULINS_E_20261107_01of02.zip, FULINS_E_20261107_02of02.zip)",
    "state": "sourced",
    "value": "NO0010081235"
   },
   "website": {
    "market": "NO",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": {
    "market": "NO",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "NO",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "NO",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "NO",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "NO",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "NO",
  "node": "no-cm-kg",
  "numbers_hash": "sha256:ed81e03cc62943e3d3d11206b7c421ece14101cf7621567544aef989d1ea523c",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [],
   "determinable": false,
   "read": {
    "chapter": "https://no.eu-cm-kg.ai/book/aio.json",
    "door": "https://no.eu-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "reason": "the chapter's orderability section carries no client_categories: the outcome cannot name its client category",
   "rule_version": "acm-68000/no/mifid-ii-product-governance/r1",
   "section": "no.aio.v5"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.no-cm-kg.ai/record/XOSL/NO0010081235",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "note": "on the no-cm-kg register as of 2026-11-06; the node's halt flag was not read for this record",
   "read_date": "2026-11-06",
   "value": "listed"
  }
 },
 "numbers_hash": "sha256:ed81e03cc62943e3d3d11206b7c421ece14101cf7621567544aef989d1ea523c",
 "path": "/no/XOSL/NO0010081235",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is NEL, listed on Euronext Oslo Bors, with ticker NO0010081235, ISIN NO0010081235 and LEI 549300G6XN5IXMRKEG37. The security type, segment, sector and jurisdiction are not on the record. The issuer's listing status is listed.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 32 filings in the twelve months to 2026-11-06, across 27 filing days. The median gap between filing days is 7.5 days. The latest filing is dated 2026-10-21, 16 days before the record date, and is of type INSIDE INFORMATION. The exchange median gap between filing days is 6.0 days, the exchange median filings are 48, and the exchange median latency is 2.0 days, across 195 issuers. The sector comparison is not on the record.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record and its location are not on the record. The auditor changes are not on the record, as this register has no lifecycle type map yet.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The listing, delisting, name change, domicile change and segment move lines are not on the record, as this register has no lifecycle type map yet. The halt flag is listed.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is not determinable under rule version acm-68000/no/mifid-ii-product-governance/r1, as of 2026-11-04. The chapter's orderability section carries no client categories, so the outcome cannot name its client category.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's own investor-relations page names 22 research houses: ABG Sundal Collier, AlphaValue, Arctic, Citi, Danske Bank, DNB, Fearnleys, Goldman Sachs, Jefferies, JP Morgan, Morgan Stanley, Bank Pekao, Barclays, Berenberg, Nordea, Norne, Pareto, Redburn, Santander, SEB, SpareBank 1 Markets and UBS.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found on the record.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The market's vintage is not sealed. No sealed years hold the issuer, no earliest sealed date is on the record for this market, and the live record began date is not on the record.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "6 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://firds.esma.europa.eu/firds/"
  },
  {
   "for": "identity.lei",
   "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.no-cm-kg.ai/events/XOSL/NO0010081235"
  },
  {
   "for": "the orderability chapter",
   "source": "https://no.eu-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://nelhydrogen.com/investor-relations/"
  },
  {
   "for": "the record",
   "source": "https://mcp.no-cm-kg.ai/record/XOSL/NO0010081235"
  }
 ],
 "title": "NEL (NO0010081235) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}