The 2004 season of 1. deild karla was the 50th season of second-tier football in Iceland.
Standings
| Pos | Team | Pld | W | D | L | GF | GA | GD | Pts | Promotion or relegation |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Valur | 18 | 11 | 4 | 3 | 35 | 14 | +21 | 37 | Promoted to 2005 Úrvalsdeild |
| 2 | Þróttur R. | 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 | 18 | 4 | 7 | 7 | 21 | 29 | −8 | 19 | Relegated to 2005 2. deild |
| 10 | Stjarnan | 18 | 5 | 3 | 10 | 28 | 45 | −17 | 18 |
Source: rsssf.com
Top scorers
| Scorer | Goals | Team |
|---|---|---|
 Hörður Már Magnússon |
9 | HK |
.svg.png.webp){kind=small} 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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