Time Zone – GMT-5 (America/New_York)
| Pl | W | L | Pts | |||
| 1 | Grindavik | 5 | 5 | 0 | 472:397 | 10 |
| 2 | KR Basket | 5 | 4 | 1 | 498:415 | 8 |
| 3 | Tindastoll | 5 | 4 | 1 | 487:426 | 8 |
| 4 | Keflavik | 5 | 4 | 1 | 458:431 | 8 |
| 5 | Alftanes | 5 | 3 | 2 | 447:386 | 6 |
| 6 | IR Reykjavik | 5 | 3 | 2 | 441:479 | 6 |
| 7 | Njardvik | 5 | 2 | 3 | 516:513 | 4 |
| 8 | Valur | 5 | 2 | 3 | 444:471 | 4 |
| 9 | Akranes IA | 5 | 2 | 3 | 471:521 | 4 |
| 10 | Stjarnan | 5 | 1 | 4 | 449:474 | 2 |
| 11 | Thorl | 5 | 0 | 5 | 436:491 | 0 |
| 12 | Armann | 5 | 0 | 5 | 418:533 | 0 |
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