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Elsa Steinhólm started their work experience in 2006 as a Sales Assistant at Klokkan, where they worked until 2009. Elsa then worked as an Apprentice at Gellan from 2009 to 2012. In 2012, Elsa joined Name it as a Sales Assistant and remained there until 2013. Elsa further worked as a Trainee at Deloitte from 2020 to 2021. Elsa's most recent role is at Føroya Tele (Faroese Telecom) as a Business Controller and Analyst, starting in November 2021. Additionally, Elsa worked at Lágargarður, Plejehjem as Kitchen Staff from 2014 to the present.

Elsa Steinhólm began their education by completing their Gymnasieeksamen at Føroya handilsskúli í Tórshavn from 2006 to 2009. Elsa then pursued a degree in salgsassistent with a specialization in tekstil at Gellan from 2010 to 2012. Continuing their studies, Elsa attended Copenhagen Business School and obtained a HA.jur degree from 2013 to 2017. More recently, they completed a cand.merc.aud degree with a field of study in Revision at Copenhagen Business School from 2018 to 2020.