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August 04, 2015 2:00 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: HR Outsourcing, Cloud Services, and Consulting. It offers payroll and HR outsourcing services, such as Employee Data Management, a process for employment lifecycle; Time-and-Absence process; payroll services comprising management of earnings, deductions, electronic funds transfers, third-party payments, and tax reporting and filings, as well as reconciliation of payroll, accounts, and bank balances; administration services for benefit and pension plans, and reconciliation of incoming pension invoices on behalf of custome...

Hovfaret 4b

Oslo,  0275

Norway

Founded in 2000

409 Employees

Phone:

47 40 00 33 00

Fax:

47 22 02 60 01

Key Executives for Zalaris ASA

Founder and Chief Executive Officer
Age: 55
Total Annual Compensation: $2.9M
Compensation as of Fiscal Year 2014.

Zalaris ASA Key Developments

Zalaris ASA Approves Dividend for 2014, Payable on 27 May 2015, Announces Executive Appointments

Zalaris ASA at its AGM held on May 18, 2015, approved the dividend of NOK 0.75 per share for 2014. Pay-out date for the dividend will be 27 May 2015. The company appointed Karl-Christian Agerup as Board Member for 2015-2016. The company also appointed Bard Brath Ingero and Ragnar Horn as Nomination Committee Members.

Zalaris ASA Reports Consolidated Unaudited Earnings Results for the First Quarter Ended March 31, 2015

Zalaris ASA reported consolidated unaudited earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported profit attributable to owners of the parent of NOK 6,354,000 or NOK 0.33 per basic and diluted share on revenues of NOK 94,183,000 compared to profit attributable to owners of the parent of NOK 5,356,000 or NOK 1.59 per basic and diluted share on revenues of NOK 74,135,000 a year ago. Ordinary profit before tax was NOK 9,734,000 compared to NOK 8,203,000 a year ago. Operating profit was NOK 9,851,000 compared to NOK 8,451,000 a year ago. Total comprehensive income attributable to owners of the parent was NOK 6,159,000 compared to NOK 4,793,000 a year ago. Net cash flow used in operating activities was NOK 7,496,000 compared to net cash flow from operating activities of NOK 593,000 a year ago. Purchase of fixed and intangible assets was NOK 3,013,000 compared to NOK 1,248,000 a year ago. Operating profit excluding IPO related & one off costs was NOK 9,851,000 compared to NOK 8,451,000 a year ago.

Zalaris ASA, Q1 2015 Earnings Call, Apr 29, 2015

Zalaris ASA, Q1 2015 Earnings Call, Apr 29, 2015

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