Völsungur were consequently promoted to the 1. deild karla for the 2013 season along with runners-up KF, who finished ahead of third-placed HK because of their superior goal difference.
There were two joint top goalscorers for the season who both scored 18 goals in the league: KF striker Þórður Birgisson and Bessi Víðisson of Dalvík/Reynir, who reached the tally with a five-goal haul in the 9–0 victory over KFR on the last day of the campaign.
Pešić, who played in the UEFA Champions League with Red Star Belgrade during his earlier career, conceded less than a goal per game over the season and was voted one of the best goalkeepers in all of Iceland in 2012.
Aged 20, he was made club captain following the departure of Elfar Árni Aðalsteinsson to Úrvalsdeild side Breiðablik at the end of the previous summer.
The former Fjarðabyggð, Þór Akureyri and Þór/KA manager brought a number of fellow Serbian players to the club during the close season including Dejan Pešić and Marko Blagojević, and guided the team to victory in nine of their eleven home matches, conceding only four goals in the process.