The venue opened on 28 August 1955 in a league match between Molde FK and Kristiansund FK, with the home team winning 1–0. Until then Molde FK had been playing their games at Rivalbanen. Molde played in the top league, the Main League in 1958, after which the stadium was not used for top-level football again until Molde was promoted to the 1974 Norwegian First Division. That year saw an expansion of the terraces. The seated stand was built by the club in the mid-1980s. However, the costs were too much for the club to bear and was a contributing factor to the club's near bankruptcy in 1991. The record attendance of 14,615 dates from a 1987 match against Moss FK. The A-team moved to Molde Stadion (now Aker Stadion) in 1998.