The 1987 season was Molde's 13th season in the top flight of Norwegian football. This season Molde competed in 1. divisjon (first tier) and the Norwegian Cup. In the league, Molde finished in 2nd position, 3 points behind winners Moss. On 10 October, Molde met Moss at Molde Stadion in the final round of the season. They would have become champions if they had defeated Moss, but lost the game 0–2. The match attended 14,973 spectators, which is the all-time home attendance record for Molde FK.