He was named the Icelandic Basketball Player of the Year in 1980[1] and won two national championships with Valur in the 1980s.
[4] Torfi, along with several former national team players, joined 1. deild karla club Víkverjar in October 1989.
[7] Torfi was hired as the head coach of Haukar in late December 1989, replacing player-coach Pálmar Sigurðsson, who continued to play for the club.
[8] After the season, Torfi was hired as the head coach of the Icelandic men's national basketball team[9] where he served until June 1995.
[15] In end of October 2000, Torfi returned to the sidelines, replacing recently fired Pétur Guðmundsson as the head coach of Valur/Fjölnir.