Valur won the league for the first time in 20 years and Vikingur were relegated to 1. deild karla.
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The league was expanded from 10 teams to 12 teams after the 2007 season, therefore only one team was relegated and 3 were promoted from the 1. deild karla.
Karla Jay | 1. deild karla | Karla Poewe | Karla Homolka | Karla Deras | Karla | Lake Karla | Karla Stephens-Tolstoy | Karla MacFarlane | Karla LaVey | Karla Grant | Karla (film) | Karla F.C. Holloway | Karla DeVito | Karla Caves |
:Atli Knútsson (GK, Stjarnan), Gunnar Jarl Jónsson (DF, Leiknir R.), Simon Karkov (MF, Leiknir R.), Arilíus Marteinsson (MF, Selfoss), Jakob Spangsberg (FW, Leiknir R.)
The Player of the Year accolade was awarded to Serbian goalkeeper Dejan Pešić, of Völsungur.
Grétar Ólafur Hjartarson (born 26 November 1977 in Sandgerði, Iceland) is a football player who currently plays for Reynir S. in the 2. deild karla.
Before the 2011 season he took on 3. deild karla team Leiknir from Fáskrúðsfjörður, guiding them from the lowest division in the 2012 season when a league was added above it, effectively playing in
Valdimarsson was born and raised in the small town of Vestmannaeyjar, and got his debut for Íþróttabandalag Vestmannaeyja (ÍBV) in 2007 and played 12 games for the team in the 1. deild karla.