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