Trasé

What Trasé does

Trasé AS is a Norwegian civil engineering and infrastructure contractor founded in 2015 and headquartered in Østerås (Greater Oslo region). The company specializes in tram and light rail infrastructure construction — track assembly, switches, rail welding, alignment/profiling, and overhead contact line foundations — alongside adjacent services in road construction, groundwork and utility (VA) systems, and green areas. Its service portfolio is organized around four integrated lines: Banetjenester (track services), Veibygging (road construction), Grunnarbeider VA (groundwork and utilities), and Grøntarealer (green spaces), enabling it to deliver multi-disciplinary projects in dense urban environments.

The company operates almost exclusively with public sector clients in the Greater Oslo/Viken area, including Sporveien AS, Bymiljøetaten, Vann- og avløpsetaten, Viken fylkeskommune, Drammen kommune, Bane NOR, and Statens vegvesen, and also acts as a specialist subcontractor for larger primes such as NRC, Steen&Lund, Isachsen, and UE. Notable delivered projects include 10,000 meters of tram track, 60 track switches, and 30 cumulative collective-transport projects, with recent contract wins exceeding 40-65 million NOK in single-project value. The proprietary GJAP (Grønn gjennomføring av anleggsprosjekt) methodology is positioned as process IP for zero-emission construction delivery.

Trasé generates revenue through fixed-price project contracts won via competitive public procurement. Pricing is not publicly disclosed and is project-specific. The company operates as a subsidiary within the Eleda Rail group, holds TransQ quality certification and StartBANK pre-qualification, and is organized as an Aksjeselskap (Norwegian private limited company, org nr. 915 783 856). Headcount is in the 11-50 employee band, financial figures are undisclosed, and there is no evidence of external venture funding.

Name

Trasé

Legal name

Trasé AS

Website

https://traseas.no

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Trasé AS is a Norwegian civil engineering contractor specializing in tram, rail, road, and utility infrastructure construction for public sector clients in the Greater Oslo region, operating as a subsidiary of Eleda Rail.

Ownership category

akta.pro rank

Headquarters

HQ city

Østerhus

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain

Revenue model

1. Infrastructure Construction Services: Trasé generates revenue through construction contracts for public infrastructure projects, including tram track construction, road building, groundwork, and related civil engineering services. Revenue is project-based, earned through fixed-price contracts with public sector clients.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels1 record

Core offering

Trasé AS delivers construction and infrastructure services for public transport and urban development projects in the Greater Oslo area. The company specializes in tram track construction, road building, and groundwork/utility services, acting as either main contractor or specialist subcontractor for Norwegian government agencies and municipalities. It also develops and maintains green areas and applies its proprietary GJAP methodology for zero-emission construction execution.

Product overview

Trasé is a civil engineering and infrastructure construction company offering specialized contractor services in the greater Oslo area. The company operates as a single unified service offering focused on building collective/public transport infrastructure, with four integrated service lines: Banetjenester (Track Services) for complete tram track construction and maintenance including switches and welding; Veibygging (Road Construction) for complete road building including utilities; Grunnarbeider VA (Groundwork and Utilities) for stormwater, drainage, water and sewage systems; and Grøntarealer (Green Areas) for establishment and maintenance of green spaces. The company specializes in complete tram infrastructure and track-related services, serving primarily public sector clients.

Differentiator

Problem solved

Functional benefit

Products and services

• Banetjenester (Track Services) Complete track construction services including assembly of tracks and switches (both ballast and fixed track), rail welding, alignment and profiling. Also delivers related services such as ballast, concrete work (fixed track), grouting along rails (fixed track), and mounting of KL foundations and KL poles. Targets Norwegian public sector transport authorities and prime contractors on tram and rail infrastructure projects.
• Veibygging (Road Construction) Complete road construction services including groundwork with utility and cable ducts, installation of utility chambers, mass replacement, retaining walls, surface work, bus stops, stone work, and electrical work. Targets Norwegian municipalities, county authorities, and the national road authority for urban and transport-related road projects.
• Grunnarbeider VA (Groundwork and Utilities) Groundwork and utility services including stormwater systems, drainage systems, water and sewage, all types of cable ducts, and mass relocation. Targets Norwegian public water and drainage agencies, municipalities, and contractors that need VA (water and sewage) infrastructure delivered alongside road or track projects.
• Grøntarealer (Green Areas) Establishment and maintenance of green areas as part of wider projects, delivered in collaboration with several nurseries to provide a wide range of plants as required by customers. Targets Norwegian municipalities and public agencies that integrate green areas into infrastructure projects.

Quantifiable outcome

• 10,000 meters of tram track delivered
• +2 more outcomes

Named customers7 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Five partnerships are on record, tiered core and minor.

• Eleda RailcoreStrategic or Co-development PartnerEleda Rail is the parent company and strategic partner for Trasé. Trasé operates under the Eleda Rail umbrella as part of the Eleda Group, which focuses on sustainable rail infrastructure solutions. The parent company provides strategic direction and integration within the broader rail infrastructure sector.
• Hellström AdvokatfirmaminorOthersIndependent third-party law firm engaged by Eleda Rail to manage whistleblowing channels and conduct initial assessment of incoming matters. Ensures whistleblower anonymity and confidentiality for reporting concerns about irregularities or breaches related to Eleda Rail.
• UE (construction partner)minorChannel Partner/ Reseller/ DistributorLarge construction company with which Trasé collaborates on projects. UE is mentioned as one of the large contractors that Trasé works with in the Greater Oslo area.
• NRC (Norsk Rail Contractor)minorChannel Partner/ Reseller/ DistributorMajor rail contractor for which Trasé has acted as specialist subcontractor (HE) on projects including Holtet base (2018-2020, 40 mill. NOK), delivering track and switch construction services.
• Steen&Lund/IsachsenminorChannel Partner/ Reseller/ DistributorConstruction companies for which Trasé served as specialist subcontractor on the Tinghuset-Tullinsgate project (2017-2019), constructing 1600 meters of permanent city track and 900 meters of temporary track.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• NRC Group: Largest dedicated Nordic rail infrastructure contractor; Trasé has explicitly served as specialist subcontractor to NRC (e.g., Holtet base 2018–2020) and both compete for rail/track work in the same Norwegian market.
• Baneservice: Norwegian rail services contractor focused on track construction, maintenance, and rail-related civil works — directly overlapping with Trasé's track and switch installation offering for the same Bane NOR / Sporveien client base.

Broad incumbents

• Veidekke: One of the largest Scandinavian contractors with broad infrastructure, road, and civil engineering capability; competes with Trasé on larger integrated public projects in the Oslo region but as part of a much wider portfolio.
• Skanska Norway: Major Nordic construction firm with significant infrastructure and rail-adjacent civil engineering work in Norway; competes for the same public-sector tenders as Trasé but with far broader scope and scale.
• NCC Norway: Leading Nordic construction group with established infrastructure and road-building operations in Norway; overlaps with Trasé on groundwork and road construction but not the tram-track specialty.
• Steen & Lund: Norwegian contractor active in urban infrastructure and groundworks; partnered with Trasé on the Tinghuset–Tullinsgate tram track project and competes for similar municipal work.
• Isachsen Anlegg: Norwegian civil and infrastructure contractor; named alongside Steen&Lund as a prime contractor that has engaged Trasé as a tram/track specialist subcontractor — a directly comparable large-contractor peer.

Regional players

• Leonhard Weiss: German construction group with track construction, road building, and civil engineering services; comparable multi-disciplinary infrastructure profile but operating primarily in Central Europe rather than Norway.
• Strukton Rail: Dutch rail infrastructure specialist with track construction and maintenance services; comparable technical offering to Trasé but focused on Benelux/Nordic-adjacent markets rather than Greater Oslo.
• Implenia: Swiss-headquartered infrastructure contractor with rail and civil engineering operations across Europe; comparable specialty capability but operating in different geographies than Trasé's Oslo-centric footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Trasé