The island of Finnøy on the Romsdal coast was originally pasture for the farmers on Sandøya. The facility that is today Finnøy Bryggehotell was originally established with a shop, shipping trade and fish reception on an islet (Holmen) by Finnøya. In the premises that are now restaurants and meeting rooms, cuttlefish and salted herring were produced.
On Finnøya, Nils Finnøy established himself as the first permanent resident. Nils Finnøy established a mechanical workshop on Finnøya, and he built the first Norwegian-built boat engine – the Finnøy engine – in 1902. This was the start of a new era with motorized fishing boats and the introduction of modern fishing activities.