 The fourth playoff was held from 30 April to 2 May and there Laugdælir won both KFÍ and Breiðablik convincingly and were crowned 2. deild karla champions.In 1994, the team won the 2. deild karla, after defeating Þór Þorlákshöfn 75–48, and was promoted to 1. deild karla.On 17 October 1999, KFÍ won Skallagrímur, 129–132, in a game that went into four overtimes.