Zalaris ASA

OB:ZAL Stock Report

Market Cap: NOK 2.0b

Zalaris Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Hans-Petter Mellerud

Chief executive officer

NOK 6.7m

Total compensation

CEO salary percentage58.75%
CEO tenureno data
CEO ownership13.3%
Management average tenure7.2yrs
Board average tenure9.5yrs

Recent management updates

This Is Why Zalaris ASA's (OB:ZAL) CEO Compensation Looks Appropriate

Jun 12
This Is Why Zalaris ASA's (OB:ZAL) CEO Compensation Looks Appropriate

Recent updates

Zalaris' (OB:ZAL) Performance Is Even Better Than Its Earnings Suggest

Sep 07
Zalaris' (OB:ZAL) Performance Is Even Better Than Its Earnings Suggest

Shareholders Will Be Pleased With The Quality of Zalaris' (OB:ZAL) Earnings

Mar 08
Shareholders Will Be Pleased With The Quality of Zalaris' (OB:ZAL) Earnings

Zalaris (OB:ZAL) Is Experiencing Growth In Returns On Capital

Feb 22
Zalaris (OB:ZAL) Is Experiencing Growth In Returns On Capital

This Is Why Zalaris ASA's (OB:ZAL) CEO Compensation Looks Appropriate

Jun 12
This Is Why Zalaris ASA's (OB:ZAL) CEO Compensation Looks Appropriate

Zalaris' (OB:ZAL) Earnings Are Of Questionable Quality

May 21
Zalaris' (OB:ZAL) Earnings Are Of Questionable Quality

A Piece Of The Puzzle Missing From Zalaris ASA's (OB:ZAL) 28% Share Price Climb

Mar 08
A Piece Of The Puzzle Missing From Zalaris ASA's (OB:ZAL) 28% Share Price Climb

Zalaris (OB:ZAL) Hasn't Managed To Accelerate Its Returns

Feb 28
Zalaris (OB:ZAL) Hasn't Managed To Accelerate Its Returns

Market Might Still Lack Some Conviction On Zalaris ASA (OB:ZAL) Even After 28% Share Price Boost

Jan 04
Market Might Still Lack Some Conviction On Zalaris ASA (OB:ZAL) Even After 28% Share Price Boost

Zalaris (OB:ZAL) Has A Somewhat Strained Balance Sheet

Oct 09
Zalaris (OB:ZAL) Has A Somewhat Strained Balance Sheet

Is Zalaris (OB:ZAL) Using Too Much Debt?

Jan 25
Is Zalaris (OB:ZAL) Using Too Much Debt?

Is Zalaris (OB:ZAL) A Risky Investment?

Oct 06
Is Zalaris (OB:ZAL) A Risky Investment?

Zalaris (OB:ZAL) Will Want To Turn Around Its Return Trends

Aug 26
Zalaris (OB:ZAL) Will Want To Turn Around Its Return Trends

Zalaris (OB:ZAL) Takes On Some Risk With Its Use Of Debt

May 03
Zalaris (OB:ZAL) Takes On Some Risk With Its Use Of Debt

Some Investors May Be Worried About Zalaris' (OB:ZAL) Returns On Capital

Feb 25
Some Investors May Be Worried About Zalaris' (OB:ZAL) Returns On Capital

We Think Zalaris (OB:ZAL) Can Stay On Top Of Its Debt

Nov 11
We Think Zalaris (OB:ZAL) Can Stay On Top Of Its Debt

Zalaris' (OB:ZAL) Profits Appear To Have Quality Issues

Sep 01
Zalaris' (OB:ZAL) Profits Appear To Have Quality Issues

Zalaris (OB:ZAL) May Have Issues Allocating Its Capital

May 18
Zalaris (OB:ZAL) May Have Issues Allocating Its Capital

Here's Why Zalaris (OB:ZAL) Can Manage Its Debt Responsibly

Apr 06
Here's Why Zalaris (OB:ZAL) Can Manage Its Debt Responsibly

Are Dividend Investors Getting More Than They Bargained For With Zalaris ASA's (OB:ZAL) Dividend?

Mar 16
Are Dividend Investors Getting More Than They Bargained For With Zalaris ASA's (OB:ZAL) Dividend?

The Zalaris (OB:ZAL) Share Price Is Up 89% And Shareholders Are Holding On

Feb 23
The Zalaris (OB:ZAL) Share Price Is Up 89% And Shareholders Are Holding On

Erik Langaker Is The Director of Zalaris ASA (OB:ZAL) And They Just Picked Up 1.1% More Shares

Jan 28
Erik Langaker Is The Director of Zalaris ASA (OB:ZAL) And They Just Picked Up 1.1% More Shares

Have Insiders Been Buying Zalaris ASA (OB:ZAL) Shares This Year?

Jan 14
Have Insiders Been Buying Zalaris ASA (OB:ZAL) Shares This Year?

We Think Zalaris (OB:ZAL) Is Taking Some Risk With Its Debt

Dec 22
We Think Zalaris (OB:ZAL) Is Taking Some Risk With Its Debt

What Can We Learn About Zalaris' (OB:ZAL) CEO Compensation?

Nov 30
What Can We Learn About Zalaris' (OB:ZAL) CEO Compensation?

CEO Compensation Analysis

How has Hans-Petter Mellerud's remuneration changed compared to Zalaris's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

NOK 76m

Jun 30 2025n/an/a

NOK 65m

Mar 31 2025n/an/a

NOK 60m

Dec 31 2024NOK 7mNOK 4m

NOK 34m

Sep 30 2024n/an/a

NOK 41m

Jun 30 2024n/an/a

NOK 46m

Mar 31 2024n/an/a

NOK 27m

Dec 31 2023NOK 7mNOK 4m

-NOK 2m

Sep 30 2023n/an/a

-NOK 31m

Jun 30 2023n/an/a

-NOK 51m

Mar 31 2023n/an/a

-NOK 57m

Dec 31 2022NOK 6mNOK 4m

-NOK 21m

Sep 30 2022n/an/a

-NOK 12m

Jun 30 2022n/an/a

-NOK 5m

Mar 31 2022n/an/a

NOK 9m

Dec 31 2021NOK 8mNOK 3m

NOK 13m

Sep 30 2021n/an/a

NOK 31m

Jun 30 2021n/an/a

NOK 28m

Mar 31 2021n/an/a

NOK 57m

Dec 31 2020NOK 4mNOK 3m

-NOK 9m

Sep 30 2020n/an/a

-NOK 31m

Jun 30 2020n/an/a

-NOK 36m

Mar 31 2020n/an/a

-NOK 62m

Dec 31 2019NOK 4mNOK 3m

-NOK 7m

Sep 30 2019n/an/a

-NOK 8m

Jun 30 2019n/an/a

-NOK 9m

Mar 31 2019n/an/a

-NOK 6m

Dec 31 2018NOK 4mNOK 4m

-NOK 1m

Compensation vs Market: Hans-Petter's total compensation ($USD665.88K) is about average for companies of similar size in the Norwegian market ($USD609.31K).

Compensation vs Earnings: Hans-Petter's compensation has been consistent with company performance over the past year.

CEO

Hans-Petter Mellerud (65 yo)

no data
Tenure
NOK 6,745,000
Compensation

Mr. Hans-Petter Mellerud founded Zalaris ASA in 2000 and serves as its Chief Executive Officer also served as its Board Member. Prior to founding Zalaris HR Services, Mr. Mellerud was a Partner with Accent...

Leadership Team

NamePositionTenureCompensationOwnership
Hans-Petter Mellerud
Founder & CEOno dataNOK 6.75m13.3%
NOK 266.6m
Gunnar Manum
Chief Financial Officer5.8yrsNOK 2.89m0.31%
NOK 6.2m
Halvor Leirvåg
Chief Technology Officer14.3yrsNOK 2.67mno data
Øyvind Reiten
Executive Vice President of Group Commercial & Salesno dataNOK 3.56mno data
Hilde Karlsmyr
Chief Human Resources Officer7.2yrsNOK 2.66m0.34%
NOK 6.8m
Richard Schiørn
Executive Vice President of Solution & Delivery - Global Managed Services7.8yrsNOK 2.89m0.36%
NOK 7.1m
Balakrishnan Narayanan
Executive VP of APAC & Chief Sustainability Officerno dataNOK 612.00kno data
Sami Seikkula
Executive Vice President of Northern Europe6.8yrsNOK 1.88mno data
Peter Martin
Executive Vice President of Central Europeno datano datano data
Mike Ellis
Executive Vice President of Global Zalaris Consultingno datano datano data
Stephen Burr
Executive Vice President UK & Irelandno datano datano data
7.2yrs
Average Tenure
52.5yo
Average Age

Experienced Management: ZAL's management team is seasoned and experienced (7.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Kenth Eriksson
Independent Director6.5yrsNOK 255.00kno data
Adele Bugge Pran
Independent Chairman of the Board7.4yrsNOK 593.00kno data
Jan Koivurinta
Independent Director11.5yrsNOK 255.00kno data
Liselotte Engstam
Independent Director11.5yrsNOK 285.00kno data
9.5yrs
Average Tenure
64.5yo
Average Age

Experienced Board: ZAL's board of directors are considered experienced (9.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/02 20:36
End of Day Share Price 2025/10/31 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Zalaris ASA is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Katherine ThompsonEdison Investment Research
Milo BussellEdison Investment Research
Erik Aspen FossaNordea Markets