September 25, 2016 8:04 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

444 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 ASA Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2016

Zalaris ASA reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2016. For the quarter, the company reported revenues of NOK 95,288,000 compared to NOK 92,295,000 a year ago. Operating profit was NOK 7,146,000 compared to NOK 8,849,000 a year ago. Ordinary profit before tax was NOK 6,412,000 compared to NOK 8,249,000 a year ago. Profit attributable to owners of the parent was NOK 3,979,000 or NOK 0.21 per basic and diluted share compared to NOK 5,523,000 or NOK 0.29 per basic and diluted share a year ago. Net cash flow from operating activities was NOK 10,813,000 compared to NOK 9,055,000 a year ago. Purchase of fixed and intangible assets was NOK 4,328,000 compared to NOK 6,265,000 a year ago. For the six months period, the company reported revenues of NOK 12,871,000 compared to NOK 8,869,000 a year ago. Operating profit was NOK 14,849,000 compared to NOK 18,700,000 a year ago. Ordinary profit before tax was NOK 13,640,000 compared to NOK 17,983,000 a year ago. Profit attributable to owners of the parent was NOK 8,889,000 or NOK 0.47 per basic and diluted share compared to NOK 11,876,000 or NOK 1.11 per basic and diluted share a year ago. Book value as at June 30, 2016 was NOK 36,391,000 compared to NOK 34,850,000 a year ago.

Zalaris ASA, Q2 2016 Earnings Call, Aug 18, 2016

Zalaris ASA, Q2 2016 Earnings Call, Aug 18, 2016

Zalaris ASA to Provide Cloud-Based HR and Payroll Solution to Scandinavian Airlines System

Zalaris ASA has signed an agreement to provide an SAP HCM cloud-based human resources and payroll solution to Scandinavia's leading airline. The shared services group of Scandinavian Airlines System (SAS) Denmark - Norway - Sweden, which provides administrative support services to the airline, will initially leverage the Zalaris cloud solution for approximately 4,000 SAS employees in Sweden, beginning next year 2017.

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