Ofelas AS was founded on 11 November 2000 by Jorun Nørstebø, Inger Merethe Trosten Johansen, Jim Rune Heitman and Fred Fiskebeck.

Today, Ofelas AS rents premises in Dr. Wesselsgate 1 to Ofelas Arena.

As of today, the board of Ofelas AS consists of:
Chairman: Fred Fiskebeck
CEO: Jorun Nørstebø
Board member: Pål Riise
Board member: Johnny Andreassen