| Final Ranking | p | w | d | l | gf | ga | | 1. Valur Reykjavik | 8 | 4 | 0 | 0 | 12: | 4 | | 2. KR Reykjavik | 4 | 2 | 0 | 2 | 11: | 9 | | 3. Fram Reykjavik | 4 | 2 | 0 | 2 | 10: | 9 | | 4. IBA Akureyri | 3 | 1 | 1 | 2 | 8: | 9 | | 5. IBV Vestmannaeyjar | 1 | 0 | 1 | 3 | 5: | 15 |
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| Team | Valu | KR R | Fram | IBA | IBV | | Valur Reykjavik | --- | 2:1 | 3:1 | 2:1 | 5:1 | | KR Reykjavik | | --- | 3:1 | 1:4 | 6:2 | | Fram Reykjavik | | | --- | 5:2 | 3:1 | | IBA Akureyri | | | | --- | 1:1 | | IBV Vestmannaeyjar | | | | | --- |
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| date | time | team 1 | score | team 2 | HT | | | --:-- | Valur Reykjavik | 2-1 | KR Reykjavik | | | | --:-- | Valur Reykjavik | 3-1 | Fram Reykjavik | | | | --:-- | Valur Reykjavik | 2-1 | IBA Akureyri | | | | --:-- | Valur Reykjavik | 5-1 | IBV Vestmannaeyjar | | | | --:-- | KR Reykjavik | 3-1 | Fram Reykjavik | | | | --:-- | KR Reykjavik | 1-4 | IBA Akureyri | | | | --:-- | KR Reykjavik | 6-2 | IBV Vestmannaeyjar | | | | --:-- | Fram Reykjavik | 5-2 | IBA Akureyri | | | | --:-- | Fram Reykjavik | 3-1 | IBV Vestmannaeyjar | | | | --:-- | IBA Akureyri | 1-1 | IBV Vestmannaeyjar | |
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