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1. Deild Kvenna 1986/1987 | | Triple Round Robin. |
| Final Ranking | Pts | w | l | d | gf | ga | g+- | | 1. Fram Reykjavik | 38 | 18 | 2 | 1 | | 2. FH Hafnarfjardar | 33 | 16 | 1 | 4 | | 3. Stjarnan Gardabaer | 30 | 15 | 0 | 6 | | 4. Víkingur Reykjavik | 22 | 10 | 2 | 9 | | 5. Valur Reykjavik | 20 | 8 | 2 | 10 | | 6. KR Reykjavik | 19 | 8 | 3 | 10 | | 7. ÍBV Vestmannaeyja | 6 | 2 | 2 | 17 | | 8. Ármann Reykjavik | 1 | 0 | 1 | 20 |
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| date | team 1 | score | team 2 | HT | | 24.03 | Valur Reykjavik | 19-21 | Fram Reykjavik | 8-7 | | 24.03 | FH Hafnarfjardar | 23-16 | KR Reykjavik | 10-10 | | 29.03 | Stjarnan Gardabaer | 22-19 | Valur Reykjavik | | | 31.03 | ÍBV Vestmannaeyja | 15-22 | FH Hafnarfjardar | | | 28.03 | Fram Reykjavik | 21-21 | Víkingur Reykjavik | 12-13 | | 31.03 | Valur Reykjavik | 22-20 | Víkingur Reykjavik | 13-11 | | 01.04 | FH Hafnarfjardar | 16-15 | Valur Reykjavik | | | 01.04 | Fram Reykjavik | 33-13 | Ármann Reykjavik | |
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2. Deild Kvenna 1986/1987 | | Quadruple Round Robin. |
| Final Ranking | Pts | w | l | d | gf | ga | g+- | | 1. Haukar Hafnarfjardar | 24 | | | 2. Þróttur Reykjavik | 20 | | | 3. ÍBK Keflavík | 18 | | | 4. UMF Afturelding | 10 | | | 5. HK Kópavogi | 8 | | | 6. Breiðablik | 4 | |
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