Title contenders were considered to be KR, FH, ÍA and Valur.
HK were playing for the first time in Landsbankadeild.
Valur won the league for the first time in 20 years and Vikingur were relegated to 1. deild karla.
Fram's Jónas Grani Garðarsson was the top scorer with 13 goals.
Each team played every opponent once home and away for a total of 18 matches.