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1. Deild Karla 1980/1981 | | Home/Away Round Robin. |
| Final Ranking | Pts | w | l | d | gf | ga | g+- | Europe Cups | | 1. Víkingur Reykjavik | 27 | 13 | 1 | 0 | | | | 1/8 Men CC 1982 | | 2. Þróttur Reykjavik | 20 | | | | | | | 1/2 Men CWC 1982 | | 3. Valur Reykjavik | 15 | | | 4. FH Hafnarfjardar | 12 | | | | | | | 1/2 Men IHF 1982 | | 5. KR Reykjavik | 11 | | | 6. Fram Reykjavik | 11 | | | 7. Haukar Hafnarfjardar | 11 | | | 8. Fylkir Reykjavik | 5 | |
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| Play-Off 5th-7th place | Pts | w | l | d | gf | ga | g+- | | 5. KR Reykjavik | 5 | | | 6. Fram Reykjavik | 4 | | | 7. Haukar Hafnarfjardar | 3 | |
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| Final Ranking | Pts | w | l | d | gf | ga | g+- | | 1. KA Akureyri | 18 | | | 2. HK Kópavogi | 18 | | | 3. Breiðablik | 17 | | | 4. UMF Afturelding | 16 | | | 5. ÍR Reykjavik | 16 | | | 6. Týr Vestmannaeyja | 14 | | | 7. Ármann Reykjavik | 10 | | | 8. Þór Akureyri | 3 | |
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| Final | | date | team 1 | score | team 2 | HT | | --.-- | KA Akureyri | 22-12 | HK Kópavogi | |
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| Final Ranking | Pts | w | l | d | gf | ga | g+- | | 1. Stjarnan Gardabaer | 22 | | | 2. Þór Vestmannaeyja | 17 | | | 3. Grótta | 16 | | | 4. ÍA Akranes | 16 | | | 5. ÍBK Keflavik | 15 | | | 6. Óðinn | 4 | | | 7. Reynir Sangreði | 0 | |
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| Play Out | | date | team 1 | score | team 2 | HT | | --.-- | ÍA Akranes | 27-27 | Þór Akureyri | | | --.-- | Þór Akureyri | 23-20 | ÍA Akranes | |
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