In the final, "Ég les í lófa þínum" performed by Eiríkur Hauksson emerged as the winner exclusively through public televoting.

Performing during the show in position 5, "Valentine Lost" was not announced among the top 10 entries of the semi-final and therefore did not qualify to compete in the final.

Söngvakeppni Sjónvarpsins 2007 was the national final format developed by RÚV in order to select Iceland's entry for the Eurovision Song Contest 2007.

The four shows in the competition were hosted by Ragnhildur Steinunn Jónsdóttir and all took place at the BaseCamp Studio in Reykjavík.

[5] Twenty-four songs in total competed in Söngvakeppni Sjónvarpsins 2007 where the winner was determined after three semi-finals and a final.

[2] On 21 October 2006, RÚV opened the submission period for interested songwriters to submit their entries until the deadline on 16 November 2006.

The winner, "Ég les í lófa þínum" performed Eiríkur Hauksson, was determined solely by televoting.

[5] On 12 March 2007, it was announced that "Ég les í lófa þínum" would be performed in English at the Eurovision Song Contest and would be titled "Valentine Lost" with lyrics by Peter Fenner.

[11] According to Eurovision rules, all nations with the exceptions of the host country, the "Big Four" (France, Germany, Spain and the United Kingdom) and the ten highest placed finishers in the 2006 contest are required to qualify from the semi-final on 10 May 2007 in order to compete for the final on 12 May 2007.

[15] At the end of the show, Iceland was not announced among the top 10 entries in the semi-final and therefore failed to qualify to compete in the final.