The pelagic fish company, Varðin P/F, was established in 1985 in the Faroese village of Gøta. Men from the village came together to build the purse seine and trawl ship, Tróndur í Gøtu, named after the famous Viking from Faroese saga. With this ship, the foundations of Varðin, were laid. Tróndur í Gøtu went on its maiden voyage on the 19th of January 1987.