In 1992, Magnús became the Icelandic Men's Individual Champion in aerobic gymnastics. In 1993, he became the Scandinavian champion, and was the European champion twice in 1994 and 1995. He was voted Athlete of the Year in Iceland in 1994. In addition to his sports career, Magnús became a well-known and sought after public and motivational speaker around the world. He also from 1991–93 hosted his own chat show in Iceland, with a format where parents could come on and ask him questions about how to raise healthy children.  In 1995, he published a children's book called Áfram Latibær, the first recorded work in the LazyTown franchise. During this time, he was also running a Carpentry business, which gave him the money to travel the world. He also was a fitness teacher for teenagers at a local school, having earned a degree in sports science at University of Iceland.
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