Standings
| Pos | Team | Played | Won | Draw | Lost | Goals For | Goals Against | Goal Difference | Points | Notes |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Grindavík | 22 | 15 | 2 | 5 | 47 | 21 | +26 | 47 | Promoted to 2008 Úrvalsdeild |
| 2 | Þróttur R. | 22 | 14 | 5 | 3 | 47 | 24 | +23 | 47 | |
| 3 | Fjölnir | 22 | 14 | 3 | 5 | 61 | 29 | +32 | 45 | |
| 4 | ÍBV | 22 | 13 | 5 | 4 | 42 | 23 | +19 | 44 | |
| 5 | Fjarðabyggð | 22 | 11 | 4 | 7 | 23 | 17 | +6 | 37 | |
| 6 | Leiknir R. | 22 | 6 | 7 | 9 | 22 | 27 | -5 | 25 | |
| 7 | Þór A. | 22 | 6 | 6 | 10 | 33 | 40 | -7 | 24 | |
| 8 | Njarðvík | 22 | 5 | 8 | 9 | 25 | 32 | -7 | 23 | |
| 9 | Stjarnan | 22 | 5 | 5 | 12 | 39 | 44 | -5 | 20 | |
| 10 | Víkingur Ó. | 22 | 5 | 5 | 12 | 22 | 33 | -11 | 20 | |
| 11 | KA | 22 | 5 | 4 | 13 | 14 | 45 | -31 | 19 | |
| 12 | Reynir S. | 22 | 3 | 7 | 12 | 22 | 62 | -40 | 16 | Relegated to 2008 2. deild |
Read more about this topic: 2007 1. Deild Karla