Top goalscorer the first season was Kjetil Løvvik himself, who quit a professional career to play for the club.

Stord/Moster fared well on the football field; they won their Third Division group twice in a row, and on the second occasion they gained promotion through the playoff.

In its third attempt to get a long-serving coach the club succeeded, but Kristinn Atlason was swapped for player-coach Vegard Hansen ahead of the 2004 season.

He left in 2005 after the club failed to pay him; the same thing happened to his successor Jonas Jonsson.

The financial situation was dire throughout the club's existence, despite investments from Simonsen and Løvvik, and culminated in the lack of pay in 2005 and early 2006.

[2] In November 2002 the extraordinary annual convention of Stord's football section approved the plans,[3] The club was founded on 18 December 2002.

[21] The new goal of the club, according to majority owner Simonsen, was to reach the upper echelon of the Second Division within 2007.

In 2005, the new chairman Geir Ove Sele pondered that the club's goals for 2005, among others an average attendance of 1000 on home matches, as well as the perceived willingness of sponsors to support the team, might be unrealistic.

[27] The first match ended with 1–1 against Klepp IL, the goal scored by 2004's top goalscorer Alfred Berge.

[30] After the spring season Stord/Moster was placed sixth on the table, but lost Alfred Berge to Flora Tallinn.

[31] Christian Brink moved away from Stord, but was not given a contract with any new club and commuted to play Stord/Moster matches.

[32] The financial situation also started becoming acute, with prospects that Simonsen and Løvvik's entire investment would be lost.

[41] In January 2006 the sporting directors of Stord/Moster FK confronted the club owners with the hopeless economy.

As a result, Førland backed out in March 2006, citing unwillingness to commute from Haugesund just for a 45% job.

[45][47] Tips for the 2006 season outcome came from newspapers such as Stavanger Aftenblad, Fædrelandsvennen and Bergens Tidende.

[50] Stord Sunnhordland was eliminated by Fyllingen in the first round of the 2006 Norwegian Football Cup,[51] In the 2006 Norwegian Second Division, Stord Sunnhordland struggled, and was even deducted two points for fielding players that were judged as non-eligible.

[54] A new head coach Petter Fossmark was hired before, in December 2006, it was decided to discontinue the club.