[1] The company A/S Det Nye Teater was founded in 1918, by Johan Bojer and Peter Egge.

[1] Among its largest financial supporters was ship owner Ivar An Christensen as well as the Norwegian government, which bought a significant number of shares.

[2][3] Det Nye Teater opened on 26 February 1929, with Knut Hamsun's trilogy Ved rigets port, Livets spil, and Aftenrøde, followed by Egge's play Kjærlighet og venskap.

Einar Sissener was theatre director from 1933 to 1934, and Hjalmar Friis and Christensen jointly ran it from 1934 to 1935.

Among actors who performed at Det Nye Teater were Hauk Aabel, Gunnar Tolnæs, Harald Stormoen, Knut Hergel, Agnes Mowinckel, Alfred Maurstad, Harald Steen, Tore Segelcke, Georg Løkkeberg, Wenche Foss, Jens Gunderssen, Sonja Wigert, Lillebil Ibsen, Henki Kolstad, Merete Skavlan, Knut Thomassen, Arne Thomas Olsen, Mona Hofland, Johannes Eckhoff, and Per Sunderland.