| Season: | 1947 |
| Nextseason: | 1948 |
Statistics of Úrvalsdeild in the 1947 season.
It was contested by 5 teams, and Fram won the championship. Valur's Einar Halldórsson (Valur)and Albert Guðmundsson, as well as ÍA's Ríkharður Jónsson and KR's Hörður Óskarsson, were the joint top scorers with 3 goals. ·