The home alarm company Sensor Alarm has decided to discontinue its Norwegian operations as the financial conditions to continue the business are lacking. This is stated in a press release.

"The subsidiary Sensor Alarm AS has continued to experience difficulties in achieving profitability and market growth has not taken off as expected. The subsidiary's losses combined with the parent company's financial challenges make it difficult to continue with the business in its current form," the company writes.

Sensor Alarm AS will not have any employees in Norway. The liquidation is expected to take around 3-4 months.