| Final | | Fram Reykjavik | 0-0 | Valur Reykjavik | | | Valur Reykjavik | 1-0 | Fram Reykjavik | |
| Final Ranking | p | w | d | l | gf | ga | | 1. Valur Reykjavik | 6 | 3 | 0 | 1 | 12: | 5 | | 2. Fram Reykjavik | 6 | 3 | 0 | 1 | 7: | 7 | | 3. KR Reykjavik | 4 | 2 | 0 | 2 | 7: | 6 | | 4. IBV Vestmannaeyjar | 2 | 1 | 0 | 3 | 4: | 9 | | 5. Vikingur Reykjavik | 2 | 1 | 0 | 3 | 3: | 6 |
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| Team | Valu | Fram | KR R | IBV | Viki | | Valur Reykjavik | --- | 6:0 | 1:4 | 4:1 | 1:0 | | Fram Reykjavik | | --- | 2:1 | 2:0 | 3:0 | | KR Reykjavik | | | --- | 2:1 | 0:2 | | IBV Vestmannaeyjar | | | | --- | 2:1 | | Vikingur Reykjavik | | | | | --- |
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| date | time | team 1 | score | team 2 | HT | | | --:-- | Valur Reykjavik | 6-0 | Fram Reykjavik | | | | --:-- | Valur Reykjavik | 1-4 | KR Reykjavik | | | | --:-- | Valur Reykjavik | 4-1 | IBV Vestmannaeyjar | | | | --:-- | Valur Reykjavik | 1-0 | Vikingur Reykjavik | | | | --:-- | Fram Reykjavik | 2-1 | KR Reykjavik | | | | --:-- | Fram Reykjavik | 2-0 | IBV Vestmannaeyjar | | | | --:-- | Fram Reykjavik | 3-0 | Vikingur Reykjavik | | | | --:-- | KR Reykjavik | 2-1 | IBV Vestmannaeyjar | | | | --:-- | KR Reykjavik | 0-2 | Vikingur Reykjavik | | | | --:-- | IBV Vestmannaeyjar | 2-1 | Vikingur Reykjavik | |
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