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Relegation
2003
| Pl | W | D | L | Diff | Pts | |||
| 1 | KR Reykjavik | 18 | 10 | 3 | 5 | 28:27 | 1 | 33 |
| 2 | Akranes | 18 | 8 | 6 | 4 | 27:21 | 6 | 30 |
| 3 | Hafnarfjordur | 18 | 9 | 3 | 6 | 36:24 | 12 | 30 |
| 4 | Fylkir | 18 | 9 | 2 | 7 | 29:24 | 5 | 29 |
| 5 | Vestmannaeyjar | 18 | 7 | 3 | 8 | 25:25 | 0 | 24 |
| 6 | Fram | 18 | 7 | 2 | 9 | 22:30 | -8 | 23 |
| 7 | Grindavik | 18 | 7 | 2 | 9 | 24:31 | -7 | 23 |
| 8 | KA Akureyri | 18 | 6 | 4 | 8 | 29:27 | 2 | 22 |
| 9 | Throttur | 18 | 7 | 1 | 10 | 27:29 | -2 | 22 |
| 10 | Valur | 18 | 6 | 2 | 10 | 24:33 | -9 | 20 |
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