June 22, 2018 9:34 PM 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. Its payroll and human resources (HR) outsourcing services include payroll, time and attendance, and travel expenses. The company also provides cloud based HR functionality, such as talent management, digital personnel archive, HR analytics, mobile solutions, etc., as well as provides consulting services. It serves retail, bank and insurance, transportation, energy, financial services, technology, infrastructure, health, and automotive industries. The company was formerly known...

Hovfaret 4b

Oslo,  0275

Norway

Founded in 2000

779 Employees

Phone:

47 40 00 33 00

Fax:

47 22 02 60 01

Key Executives for Zalaris ASA

Founder & Chief Executive Officer
Age: 57
Total Annual Compensation: 2.3M NOK
Chief Financial Officer
Age: 48
Total Annual Compensation: 1.9M NOK
Executive Vice President of Northern Europe
Age: 33
Total Annual Compensation: 1.4M NOK
Executive Vice President of Strategy
Total Annual Compensation: 1.4M NOK
Chief Technology Officer
Age: 37
Total Annual Compensation: 1.3M NOK
Compensation as of Fiscal Year 2016.

Zalaris ASA Key Developments

Zalaris ASA Proposes Dividend for Fiscal Year 2017, Payable on May 30, 2018

Zalaris ASA proposed dividend of NOK 0.65 per share for Fiscal Year 2017. This dividend will be payable on 30 May 2018. Ex-date is 16 May 2018 and record date is 18 May 2018.

Zalaris ASA Reports Unaudited Earnings Results for the First Quarter of 2018

Zalaris ASA reported unaudited earnings results for the first quarter ended of March 2018. For the quarter, the company's organic growth was 2.4% in first quarter of 2018 first quarter of 2017. EBITDA before other costs was NOK 27,170,000 compared to NOK 21,162,000 a year ago. Ordinary profit before tax was NOK 12,712,000 compared to NOK 6,992,000 a year ago. Profit for the period was NOK 11,376,000 compared to NOK 5,411,000 a year ago. Basic earnings per share was NOK 0.56 compared to NOK 0.28 a year ago. Net cash used in operating activities was NOK 2,340,000 compared to net cash used in operating activities of NOK 2,846,000 a year ago. Revenue was NOK 186,167,000 compared to NOK 106,389,000 a year ago. Operating profit was NOK 11,339,000 compared to NOK 7,678,000 a year ago. Purchase of fixed and intangible assets was NOK 7,563,000 compared to NOK 4,698,000 a year ago. ROE was 22% against of 26% a year ago.

Zalaris ASA, Q1 2018 Earnings Call, May 03, 2018

Zalaris ASA, Q1 2018 Earnings Call, May 03, 2018

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