| # | Group A | MP | W | D | L | G | GD | Pts | Form |
|---|---|---|---|---|---|---|---|---|---|
| 1. | Valur | 3 | 2 | 1 | 0 | 11:2 | 9 | 7 | |
| 2. | Vikingur Reykjavik | 3 | 2 | 1 | 0 | 10:6 | 4 | 7 | |
| 3. | Fylkir | 3 | 1 | 0 | 2 | 6:6 | 0 | 3 | |
| 4. | Fjolnir | 3 | 0 | 0 | 3 | 3:16 | -13 | 0 | |
| # | Group B | MP | W | D | L | G | GD | Pts | Form |
| 1. | KR Reykjavik | 3 | 3 | 0 | 0 | 12:5 | 7 | 9 | |
| 2. | Fram | 3 | 2 | 0 | 1 | 6:4 | 2 | 6 | |
| 3. | Throttur | 3 | 1 | 0 | 2 | 4:7 | -3 | 3 | |
| 4. | IR Reykjavik | 3 | 0 | 0 | 3 | 4:10 | -6 | 0 |