He was the head coach of the Faroe Islands national team.

[3] Three times Olsen won the national Faroese championship with B68 Toftir: 1984, 1985 and 1992.

[4] Olsen was the assistant coach of the Faroe Islands national team during the reign of Allan Simonsen and Henrik Larsen (both from Denmark) in the period 1996–2005.

[5] In 2005 Olsen was named new head coach of the Faroe Islands national team.

[6] In 2013 Olsen announced that he would step down as coach at the end of the season and have a year off from football.