August 24, 2016 9:45 AM ET

Professional Services

Company Overview of Personalhuset Staffing Group AS

Company Overview

Personalhuset Staffing Group AS provides tailor-made staffing and recruitment services in the Nordic region. The company offers custom-made search and selection services from executive search and announced processes to quality assurance of candidates found by the client; temporary staffing services, including delivery of various personnel from specialized seafarers on vessels to healthcare personnel in operation rooms; and consulting and outplacement services. It serves customers in industry and production, customer center, office and administration, logistics and transportation, offshore and maritime (HRC), healthcare, and school and kindergarten, as well as service, HORECA, and hospitality...

Dronning Mauds gate 10

Oslo,  0250

Norway

Founded in 2000

Phone:

47 81 58 13 40

Fax:

47 22 41 07 30

Key Executives for Personalhuset Staffing Group AS

Group Chief Executive Officer
Group Chief Financial Officer
Director of Marketing & Communications
HR Director
Business Delevopment Director
Compensation as of Fiscal Year 2016.

Personalhuset Staffing Group AS Key Developments

Personalhuset AS Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2016

Personalhuset AS reported unaudited consolidated earnings results for the first quarter ended March 31, 2016. For the period, the company’s total operating income was NOK 214,782,000 against NOK 229,042,000 a year ago. EBITDA was NOK 1,511,000 against loss of NOK 11,100,000 a year ago. LBIT was NOK 2,512,000 against NOK 14,600,000 a year ago. Loss before tax was NOK 11,473,000 against NOK 23,442,000 a year ago. Loss attributable to equity holders of the parent company was NOK 10,843,000 against NOK 23,442,000 a year ago. Net cash flow used in operating activities was NOK 21,831,000. Net investment in property, plant and equipment was NOK 945,000. Proforma total revenues were NOK 294.7 million. Proforma EBITDA was NOK 7.0 million. Net interest bearing debt as on March 31, 2016 was NOK 281.4 million. Proforma EBIT was NOK 1.6 million. Proforma loss before tax was NOK 4.8 million.

Personalhuset AS Reports Audited Consolidated and Company Earnings Results for the Year Ended December 31, 2015

Personalhuset AS reported audited consolidated and company earnings results for the year ended December 31, 2015. For the period, on consolidated basis, the company’s total operating income was NOK 924,592,303 against NOK 432,028,872 a year ago. Operating profit was NOK 20,273,718 against loss of NOK 499,909 a year ago. Operating loss before tax was NOK 13,490,363 against NOK 14,388,939 a year ago. Net loss for the year was NOK 10,545,124 against NOK 10,585,521 a year ago. Net cash flow from operating activities was NOK 75,559,781 against NOK 60,021,897 a year ago. Payments for acquisitions of furniture and equipment were NOK 9,862,111. Net debt as on December 31, 2015 was NOK 236,807,370 against NOK 275,337,074 as on December 31, 2014. EBITDA amounted to NOK 34.2 million. Underlying EBITDA was NOK 56,843,877 against NOK 4,996,875 a year ago. Underlying EBIT was NOK 20,273,718 against loss of NOK 499,909 a year ago. For the period, the company’s operating loss was NOK 8,394,786 against NOK 235,722 a year ago. Operating loss before tax was NOK 2,216,625 against NOK 7,945,687 a year ago. Net loss for the year was NOK 1,531,880 against NOK 5,800,352 a year ago. Net cash flow used in operating activities was NOK 5,291,862 against net cash from operations of NOK 3,118,829 a year ago.

Personalhuset AS Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2015

Personalhuset AS announced unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2015. For the quarter, the company reported revenue of NOK 240,839,000 compared to NOK 289,108,000 a year ago. EBITDA was NOK 479,000 compared to NOK 5,588,000 a year ago. LBIT was NOK 3,045,000. Loss before tax was NOK 16,173,000. Net loss was NOK 12,503,000. For the year, the company reported revenue of NOK 924,592,000 compared to NOK 1,071,034,000 a year ago. EBITDA was NOK 34,243,000 compared to NOK 60,387,000 a year ago. EBIT was NOK 20,275,000. Loss before tax was NOK 13,490,000. Net loss was NOK 10,544,000. Net cash out flow from operating activities was NOK 70,396,000. Net investment in property, plant and equipment was NOK 3,476,000.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
April 4, 2016
Aktiebolaget Söder & Co
 

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