January 18, 2017 7:23 AM ET

Professional Services

Company Overview of Zalaris ASA

Company Overview

Zalaris ASA provides full-service outsourced personnel and payroll services in Norway, Sweden, Denmark, Finland, and internationally. The company operates in three segments: Outsourcing, Cloud Services, and Consulting. It offers payroll and HR outsourcing services, such as payroll, time and attendance, and travel expenses. The company also provides cloud based HR functionality, such as talent management, digital personnel archive, HR analytics and reporting, and mobile solutions, as well as HR processes as a service, HR shared service infrastructure, and consulting services. It serves the bank and insurance, retail, offshore and energy, infrastructure and transportation, product and industri...

Hovfaret 4b

Oslo,  0275

Norway

Founded in 2000

419 Employees

Phone:

47 40 00 33 00

Fax:

47 22 02 60 01

Key Executives for Zalaris ASA

Founder and Chief Executive Officer
Age: 56
Total Annual Compensation: 2.3M NOK
Compensation as of Fiscal Year 2015.

Zalaris ASA Key Developments

Zalaris Signs Contract with Finnish Industry Champion and a Norwegian Transport Company

Zalaris has signed contracts with a Finnish industry champion and a Norwegian transport company. Under the two new contracts, another 5,500 employees in the Nordics will be receiving HR and payroll services from Zalaris. The accumulated contract value of signed contracts is approximately NOK 8 million per year and potential new contracts have an estimated yearly contract value of NOK 32 million.

Zalaris ASA Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2016

Zalaris ASA announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, the company reported revenue of NOK 97,669,000 compared to NOK 92,626,000 a year ago. Operating profit was NOK 9,157,000 compared to NOK 6,293,000 a year ago. Ordinary profit before tax was NOK 8,512,000 compared to NOK 5,011,000 a year ago. Profit for the period was NOK 6,178,000 compared to NOK 3,883,000 a year ago. Profit attributable to owners of the parent was NOK 6,019,000 or NOK 0.32 per basic and diluted share compared to NOK 3,844,000 or NOK 0.20 per basic and diluted share a year ago. Net cash outflow from operating activities was NOK 857,000 compared to net cash inflow from operating activities of NOK 6,190,000 a year ago. Purchase of fixed and intangible assets was NOK 3,476,000 compared to NOK 6,185,000 a year ago. EBITDA was NOK 11.3 million compared to NOK 8.3 million a year ago. ROE was 21% compared to 20% a year ago. For the nine months, the company reported revenue of NOK 291,453,000 compared to NOK 279,105,000 a year ago. Operating profit was NOK 24,006,000 compared to NOK 24,993,000 a year ago. Ordinary profit before tax was NOK 22,151,000 compared to NOK 22,994,000 a year ago. Profit for the period was NOK 16,438,000 compared to NOK 17,208,000 a year ago. Profit attributable to owners of the parent was NOK 14,907,000 or NOK 0.78 per basic and diluted share compared to NOK 17,208,000 or NOK 0.83 per basic and diluted share a year ago. Net cash outflow from operating activities was NOK 4,796,000 compared to net cash inflow from operating activities of NOK 7,729,000 a year ago.

Zalaris ASA, Q3 2016 Earnings Call, Oct 26, 2016

Zalaris ASA, Q3 2016 Earnings Call, Oct 26, 2016

Similar Private Companies By Industry

Company Name Region
Aabo-Evensen & Co Advokatfirma AS Europe
Advokatfirmaet Grette DA Europe
Advokatfirmaet Haavind AS Europe
Advokatfirmaet Hjort DA Europe
Advokatfirmaet Selmer DA Europe

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Bloomberg L.P. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Zalaris ASA, please visit www.zalaris.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.