On 1 January 1899, the northern part of the municipality, located on the northern side of the Sunndalsfjorden, (population: 462) was separated to become the new municipality of Ulvundeid. This left Øksendal with 654 inhabitants.
On 1 January 1899, the northern part of the municipality, located on the northern side of Sunndalsfjorden, (population: 462) became an independent community to become Ulvundeid. Consequently, Øksendal retained 654 residents.