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N1 Deild Karla 1985/1986 | | Home/Away Round Robin. |
| Final Ranking | Pts | w | l | d | gf | ga | g+- | Europe Cups | | 1. Víkingur Reykjavik | 24 | 12 | 0 | 2 | 350: | 271 | +79 | 1/4 Men CC 1987 | | 2. Valur Reykjavik | 21 | 10 | 1 | 3 | 326: | 281 | +45 | R1 Men IHF 1987 | | 3. Stjarnan Gardabaer | 19 | 8 | 3 | 3 | 346: | 290 | +56 | 1/8 Men CWC 1987 | | 4. KA Akureyri | 15 | 7 | 1 | 6 | 300: | 283 | +17 | | 5. FH Hafnarfjardar | 14 | 7 | 0 | 7 | 336: | 335 | +1 | | 6. Fram Reykjavik | 11 | 5 | 1 | 8 | 334: | 331 | +3 | | 7. KR Reykjavik | 8 | 3 | 2 | 9 | 302: | 343 | -41 | | | 8. Þróttur Reykjavik | 0 | 0 | 0 | 14 | 273: | 433 | -160 | |
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| Goalscorer: Egill Jóhannesson (Fram) 100 goals. |
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| date | team 1 | score | team 2 | HT | | Round 14 | | 12.01 | Þróttur Reykjavik | 19-32 | Fram Reykjavik | | | 12.01 | FH Hafnarfjardar | 16-25 | KA Akureyri | | | 12.01 | KR Reykjavik | 24-34 | Víkingur Reykjavik | | | 12.01 | Valur Reykjavik | 21-21 | Stjarnan Gardabaer | |
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| Final Ranking | Pts | w | l | d | gf | ga | g+- | | 1. Ármann Reykjavik | 21 | 10 | 1 | 3 | 355: | 322 | | 2. UBK Breiðablik | 20 | 10 | 0 | 3 | 325: | 286 | 1 | | 3. HK Kopavogs | 17 | 8 | 3 | 4 | 330: | 313 | | 4. Haukar Hafnarfjardar | 16 | 8 | 0 | 6 | 328: | 317 | | 5. ÍR Reykjavik | 15 | 7 | 1 | 6 | 337: | 313 | | 6. UMF Afturelding | 11 | 4 | 3 | 6 | 324: | 312 | 1 | | 7. Þór Vestmannaeyja | 9 | 4 | 1 | 9 | 305: | 330 | | 8. Grótta | 1 | 0 | 1 | 13 | 271: | 382 |
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