He is most known for participating at the 1912 Summer Olympics and for launching the idea for the Kristiansund and Frei Fixed Link.

This qualified him to the 1912 Olympics in Stockholm, but Løvold lost both his matches in the light heavyweight event.

He then established Ansgar Kjøtt og Pølseforretning, which at first was located at Nordmør Landbruksforretning butafter two years moved to Massestretet.

[4] On 8 January 1911 he held a major show against circus artist Erik Blixt, for which Løvold was promised 100 Norwegian krone (NOK) if he won.

[8] Løvold was an active member of Foreningen Kristiansunderen, an organization which worked for the betterment of the town.

The mermaid statue was never built, although he eventually secured sufficient funding to build a fountain.

Løvold traveled to the United States in 1951 to visit his siblings Oscar and Lise in Minnesota, which he had not seen in 42 years.

Afterwards he took contact with County Governor Olav Oksvik and the two started working towards implementing the plans.

[3] Along with Engineer Gunnar Tonning, Løvold traveled several times to Oslo to meet with national politicians and authorities.

In addition to Torp, he consulted the engineering company Aas-Jakobsen, the NATO office and Kolbjørn Varmann, Minister of Transport and Communications.

In 1958 a joint municipal and county committee was established to follow up the plans, where Løvold was appointed chairman.

Its main function was the ordering seismic surveys of Freifjorden, which gave positive results.

During the summer, Løvold painted a large, while "tunnel entrance" on a cliff at Spellmannshaugen as a public relations gimmick.