Initially, the band was intended to be merely a hobby, but the members soon decided to record an album before they were "too old and tired".

[7] The next studio album was Með vættum, released in 2014, which tells the story of a woman who encounters enemies in the north, east, south and west of Iceland, and is assisted by mythological beings.

[8] After celebrating its ten-year anniversary with three shows in Reykjavík that became the basis for a live album in 2020, Skálmöld decided to take a pause.

It was written by British author Joel McIver and featured a foreword by President of Iceland Guðni Th.

Returning from the pause after three years, Skálmöld's sixth studio album Ýdalir is set to be released on 18 August 2023 through Napalm Records.

[3] Initially, the band planned to make considerable use of folk instruments, but soon decided to scale back and operate with three guitar players instead.