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IBV Vestmannaeyjar finished 1st, Keflavik 2nd.
| # | Team | P | W | D | L | Goals | Pts |
|---|---|---|---|---|---|---|---|
| 1 | IBV Vestmannaeyjar | 22 | 11 | 6 | 5 | 50:27 | 39 |
| 2 | Keflavik | 22 | 10 | 8 | 4 | 37:24 | 38 |
| 3 | Fjolnir | 22 | 10 | 7 | 5 | 34:28 | 37 |
| 4 | Afturelding | 22 | 11 | 3 | 8 | 39:36 | 36 |
| 5 | IR Reykjavik | 22 | 9 | 8 | 5 | 30:28 | 35 |
| 6 | Njardvik | 22 | 8 | 9 | 5 | 34:29 | 33 |
| 7 | Throttur Reykjavik | 22 | 8 | 6 | 8 | 37:31 | 30 |
| 8 | Leiknir R. | 22 | 8 | 4 | 10 | 33:34 | 28 |
| 9 | Grindavik | 22 | 6 | 8 | 8 | 40:46 | 26 |
| 10 | Thor Akureyri | 22 | 6 | 8 | 8 | 32:38 | 26 |
| 11 | Grotta | 22 | 4 | 4 | 14 | 31:50 | 16 |
| 12 | Dalvík / Reynir | 22 | 2 | 7 | 13 | 23:49 | 13 |
| Player | Team | Goals |
|---|---|---|
| O. Heiðarsson | IBV Vestmannaeyjar | 14 |
| O. Sowe | Leiknir R. | 13 |
| M. Hilmarsson | Fjolnir | 12 |
| B. Bjarkason | IR Reykjavik | 11 |
| D. Radić | Njardvik | 11 |