In the Northern Volcanic Zone of Iceland, the geometry, kinematics and offset amount of the structures that form the active Krafla Rift were studied. This rift is composed of a central volcano and a swarm of extension fractures, normal faults and eruptive fissures, which were mapped and analysed through remote sensing and field techniques. In three areas, across the northern, central and southern part of the rift, detailed measurements were collected by extensive field surveys along the post-Late Glacial Maximum (LGM) extension fractures and normal faults, to reconstruct their strike, opening direction and dilation amount. The geometry and the distribution of all the studied structures suggest a northward propagation of the rift, and an interaction with the Húsavík–Flatey Fault. Although the opening direction at the extension fractures is mostly normal to the general N–S rift orientation (average value N99.5° E), a systematic occurrence of subordinate transcurrent components of motion is noticed. From the measured throw at each normal fault, the heave was calculated, and it was summed together with the net dilation measured at the extension fractures; this has allowed us to assess the stretch ratio of the rift, obtaining a value of 1.003 in the central sector, and 1.001 and 1.002 in the northern and southern part, respectively.