Iceland

Iceland – ranked 31st. Valur dominated. 3 points for a win and 1 for a tie, still a rarity at the time.
Leiftur (Olafsfjördur) finished 2nd in the Second Division and earned promotion.
Víkingur (Reykjavík) won the Second Division with 35 points – 3 points ahead of Leiftur – and went back to top flight.
FH Hafnarfjördur finished last in First Division with 16 points and was relegated. Viðir (Gardur) was most unfortunate – 9th with 17 points and relegated as well, but only on single goal worse goal-difference than Völsungur (Husavík). Up the table – ÍA Akranes finished 3rd with 30 points. Fram (Reykjavík) took 2nd place with 32 points. But one team dominated the championship.
Valur (Reykjavík) won 10 games, tied 7 and lost just one match. They scored 30 goals – two teams scored more – and received 10, the best defensive record by far. 37 points – Fram ended with 5 less. All and all, it was the 19th title for Valur.
The Cup final opposed Víðir to Fram, but the difference in class was too big: Fram walked over their opponents – 5-0.
Viðir (Gardur) – one can feel sorry for them: trying hard, coming close, but… lost the Cup final and were relegated from First Division.
Fram (Reykjavík) had very satisfying season – the title was unreachable, but they were still 2nd and winning the Cup was great. It was their 6th.