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Generally a well written article, just a few quibbles:
"...became Norwegian Champion in Greco-Roman wrestling in 1912" no need for caps in 'Champion' should be lowercase → 'Norwegian champion'
"The started as a butcher apprentice" replace bold bit with 'Løvold'
Any reason why "Løvold died on 12 November 1961 in Kristiansund, 72 years old" is doing under the heading 'Early life and professional career'. Given that the article reads in a chronological order, his death should come last. I would place it as the last sentence.