| Final Ranking | p | w | d | l | gf | ga | | 1. Valur Reykjavik | 8 | 4 | 0 | 0 | 18: | 2 | | 2. KR Reykjavik | 6 | 3 | 0 | 1 | 14: | 4 | | 3. IBV Vestmannaeyjar | 4 | 2 | 0 | 2 | 11: | 10 | | 4. Vikingur Reykjavik | 1 | 0 | 1 | 3 | 3: | 13 | | 5. Fram Reykjavik | 1 | 0 | 1 | 3 | 2: | 19 |
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| Team | Valu | KR R | IBV | Viki | Fram | | Valur Reykjavik | --- | 2:1 | 3:1 | 5:0 | 8:0 | | KR Reykjavik | | --- | 4:2 | 4:0 | 5:0 | | IBV Vestmannaeyjar | | | --- | 3:2 | 5:1 | | Vikingur Reykjavik | | | | --- | 1:1 | | Fram Reykjavik | | | | | --- |
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| date | time | team 1 | score | team 2 | HT | | | --:-- | Valur Reykjavik | 2-1 | KR Reykjavik | | | | --:-- | Valur Reykjavik | 3-1 | IBV Vestmannaeyjar | | | | --:-- | Valur Reykjavik | 5-0 | Vikingur Reykjavik | | | | --:-- | Valur Reykjavik | 8-0 | Fram Reykjavik | | | | --:-- | KR Reykjavik | 4-2 | IBV Vestmannaeyjar | | | | --:-- | KR Reykjavik | 4-0 | Vikingur Reykjavik | | | | --:-- | KR Reykjavik | 5-0 | Fram Reykjavik | | | | --:-- | IBV Vestmannaeyjar | 3-2 | Vikingur Reykjavik | | | | --:-- | IBV Vestmannaeyjar | 5-1 | Fram Reykjavik | | | | --:-- | Vikingur Reykjavik | 1-1 | Fram Reykjavik | |
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