In 1967, a 6 hole golf course was constructed in the home fields of farm Bakki, and in 1970 it was enlarged. This great effort was in vain and the golf course had to be moved to the fields of farm Skeggjabrekka after 1973, when the Bakki farm was claimed for farming. The landscapes of the new golf course make it much more interesting and challenging than the old one.
Olafsfjordur is a town on a synonymous bay, a branch of Eyjafjordur, Iceland’s longest bay. It has a good natural harbour and the economy is based on fishing and the fish industry.