Ultimo in Top 3 of Most Financially Stable ICT Companies in the Netherlands

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Ultimo Software Solutions bv belongs to the three most financially stable ICT companies in the Netherlands. After a solid fourth place last year, Ultimo has moved up a spot in the Computable top 100. The research is carried out every year by financial consultancy firm MBCF under the authority of Computable, a platform for ICT professionals.

Research by the MBCF

MBCF only works with Dutch financial data of ICT companies that have been reported over a period of three years. Turnover increase, EBITMA margin and solvability are given a weighting of three and the turnover per employee a weighting of one. The final financial score in the list is indexed in comparison with the number 1. This year, the minimum turnover to participate in the research was set at twelve million euros.