It is the official church of the Bishop of Hólar, currently Solveig Lára Guðmundsdóttir.

The Cathedral lost its cathedral status in 1801 when the Diocese of Hólar was dissolved and amalgamated in the united Diocese of Iceland.

The sixth was constructed by Halldóru Guðbrandsdóttur around 1627, it being the first Lutheran church since the reformation.

The final and present church was built between 1757 and 1763 through the initiatives of Bishop Gísli Magnússon and was designed by architect Laurids de Thurah.

However a tower was built adjacent to the church in 1950, as a memorial to the last catholic bishop of Hólar Jón Arason and his two sons, who were killed in 1550 as a result of their opposition to the reformation.