| Competition: | Faroe Islands Premier League Football |
| Season: | 2003 |
| Winners: | HB |
| Relegated: | FS Vágar |
| Biggest Home Win: | KÍ 7–0 Skála |
| Biggest Away Win: | GÍ 0–4 HB |
| Highest Scoring: | B36 7–1 KÍ |
| Matches: | 90 |
| Total Goals: | 283 |
| Prevseason: | 2002 |
| Nextseason: | 2004 |
The 2003 1. deild was contested by 10 teams, and Havnar Bóltfelag won the championship.
The schedule consisted of a total of 18 games. Each team played two games against every opponent in no particular order. One of the games was at home and one was away.
Source: faroesoccer.com
Birgir Jørgensen (VB Vágur/VB)
Clayton Nascimento (FS Vágar) Helgi L. Petersen (NSÍ) Jákup á Borg (B36) Rógvi Jacobsen (HB) Tór-Ingar Akselsen (HB)