Zalaris ASA
102.00
NOK
+2.20
(+2.20%)
ISIN
NO0010708910
Return %
Stock
S&P 500
1Y
17.51
14.20
3Y
140.57
81.12
5Y
86.13
68.34
Capital Structure
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in mil. unless spec.Working Capital
NOK
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in mil. unless spec.Growth Rates
NOK
•
in mil. unless spec.Quarterly Revenue
NOK
•
in mil. unless spec.Quarterly Earnings Per Share
NOK
•
in mil. unless spec.Quarterly Dividends Per Share
NOK
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in mil. unless spec.Company Description
- CEO
- Hans-Petter Mellerud
- Full Time Employees
- 1,061
- Sector
- Commercial services
- Industry
- Personnel services
- Address
- Hovfaret 4b Oslo OS Norway 0275
- IPO Date
- Jun 20, 2014
- Website
- zalaris.com
- Similar Companies
- Business
- Zalaris ASA is a Norway-based provider of human capital management (HCM) and payroll solutions, operating primarily throughout Europe and the Asia Pacific region. Founded in 2000 and headquartered in Oslo, the company delivers a comprehensive portfolio of HR and payroll services including payroll processing, time and attendance management, travel expense management, cloud-based HR functionality such as talent management, digital personnel archives, HR analytics, and mobile solutions. Zalaris operates through two main segments: Managed Services, which offers Business Process as a Service (BPaaS) and Business Process Outsourcing (BPO) with locally based support in 13 countries; and Zalaris Consulting, which focuses on SAP HCM, Payroll, SuccessFactors implementation, and Application Management Outsourcing (AMO) services. Their technology offering includes the PeopleHub SaaS platform and integration with global HR solutions like SAP, Oracle, Fieldglass, and Concur. In the last 1-2 years, Zalaris has undergone a strategic review process to evaluate growth acceleration opportunities and value creation initiatives. The company has reaffirmed ambitious revenue targets, driven operational improvements resulting in above-target growth and profitability, and secured a new revolving credit facility to reduce financing costs. Despite receiving acquisition proposals, the board opted to continue with the existing growth strategy emphasizing scalable global delivery with local expertise, particularly focusing on serving European and Asia Pacific clients while maintaining full compliance with GDPR and other local regulations. Recent financial reports indicate revenue growth exceeding 15%, solid margin improvements, and ongoing investments in digital transformation, including advances in intelligent automation and AI integration within HR processes. Zalaris serves a diverse client base with scalable HR and payroll solutions that cover multi-country compliance and cater to industries requiring complex HR and payroll management. The company emphasizes modular HR service models and HR-as-a-Service offerings to enhance customer adaptability. Its geographic footprint includes Norway, Sweden, Denmark, Germany, Finland, Spain, France, Ireland, the United Kingdom, Latvia, Poland, Hungary, Czechia, India, Singapore, the Philippines, Australia, and beyond, delivering services in over 150 countries worldwide through a globally centralized delivery model combined with robust local support. Zalaris ASA maintains high client satisfaction with strong net promoter scores and holds certifications to ensure regulatory compliance and service quality. The company continues to invest in enhancing its technology stack, emphasizing scalable cloud-based HR management systems and consulting services to support digital transformation initiatives for its clients across multiple regions.