Skagerak Arena is the home ground of Odds Ballklubb, which has had an association with the stadium since 1923. The arena was officially opened in 2011 and has a capacity of 11,767 spectators. It has also set a spectator record with 12,436 people during a match against Borussia Dortmund. The field is equipped with artificial turf and underfloor heating, and has a size of 105 meters in length and 68 meters in width.
The stadium offers modern meeting facilities, which makes it a popular arena for conferences and events. In addition, there is a restaurant that functions as a VIP area during home matches. Skagerak Arena is considered the largest meeting place for business people in Telemark, and thus contributes to both sports life and business development in the region.