The 2004 season of 1. deild karla was the 50th season of second-tier football in Iceland.

League table

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Pos Team Pld W D L GF GA GD Pts Promotion or relegation
1 Valur (C, P) 18 11 4 3 35 14 +21 37 Promoted to 2005 Úrvalsdeild
2 Þróttur R. (P) 18 8 6 4 31 23 +8 30
3 HK 18 9 1 8 28 28 0 28
4 Breiðablik 18 7 5 6 31 31 0 26
5 Þór A. 18 5 10 3 19 16 +3 25
6 Völsungur 18 6 4 8 27 29 −2 22
7 Fjölnir 18 7 1 10 27 32 −5 22
8 Haukar 18 4 7 7 27 27 0 19
9 Njarðvík (R) 18 4 7 7 21 29 −8 19 Relegated to 2005 2. deild
10 Stjarnan (R) 18 5 3 10 28 45 −17 18
Source: rsssf.com
Rules for classification: 1) points; 2) goal difference; 3) number of goals scored.
(C) Champions; (P) Promoted; (R) Relegated

Top scorers

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Scorer Goals Team
  Hörður Már Magnússon 9 HK
  Dragoslav Stojanovic 9 Stjarnan
  Ibra Jagne 9 Þór A.
  Páll Einarsson 9 Þróttur R.
  Hermann Aðalgeirsson 9 Völsungur
  Pétur Óskar Sigurðsson 8 Breiðablik
  Davíð Þór Rúnarsson 8 Fjölnir
  Sævar Eyjólfsson 8 Haukar
  Hálfdán Gíslason 8 Valur
  Sören Hermansen 7 Þróttur
  Andri Valur Ívarsson 7 Völsungur

References

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