With 95% of votes counted, the coalition of the centre-right Conservatives and the right-wing Progressives has been re-elected with the latter offering their support again as a minor in a coalition.
The Labour party hoped for big gains, but in the end lost six seats, putting them at 49, the lowest they've had since 2001.
Both the governing partners lost seats, the Conservatives down by three and Progressives down by one. The Progressives, who are right-wing populist, however gained in the popular vote.
The Marxist Red Party won 2.4% of the vote and got a seat in the Parliament.
The Socialist Left Coalition won 6% of the vote and gained 4 seats, adding to their existing 7.
The Centre Party won 10% of the vote and gained 8 seats, adding to their existing 10.
The Christian Democrats lost two seats.