The band began to fall apart when Þorsteinn Magnússon left. He

The band began to fall apart when Þorsteinn Magnússon left. He released a solo album Líf in 1982, under the name Stanya. The remaining four members continued playing together; however, the band broke up in June 1983. Soon after, a small EP was released through label Gramm , with the title Lunaire , which featured the title song as well as two other tracks recorded in Copenhagen . In 1992, Þeyr albums were about to be reissued by Smekkleysa , but the negotiations were abandoned. However, a CD titled Mjötviður til Fóta was released in 2001. This compilation featured tracks taken from Mjötviður Mær and Iður til Fóta and is currently the only CD released by Þeyr.