The Galois Field $\operatorname{GF}(2^4)$ (also represented $\mathbb{F_{2^4}}$) contains $16 = 2 ^4$ elements. The formal definition is;
$\mathbb{F_{2^4}}$ is the quotient ring $\mathbb{F_{2}}[X]/(x^4 = x + 1)$ of the polynomial ring $\mathbb{F_{2}}[X]$ by the ideal generated by $(x^4 = x + 1)$ is a field of order $2^4$.
We can list the elements of $\operatorname{GF}(2^4)$ on the polynomial representation with the defining primitive polynomial, namely $$a_3 x^3+a_2 x^2+a_1 x+a_0$$ where $a_i \in \operatorname{GF}(2)$ for $i=0,1,2,3$.
$\operatorname{GF}(2^4)$ is a Field therefore every element has a unique multiplicative inverse, except the zero.
$x^4$, as we can see, is not an element of the field, however, we can reduce it with the help of the defining polynomial's equation $x^4 = x + 1$. Therefore it has the same representation with $x+1$ in the field, so the inverse is the same.
Also, the multiplication inverse table has $2\times 16$ size, so there is only one row (or column ) to calculate.
\begin{array}{|c|c|}\hline
p(x) \in GF(2^4) & inverse \\ \hline
1 & 1 \\\hline
x & x^3 + 1 \\\hline
x + 1 & x^3 + x^2 + x \\\hline
x^2 & x^3 + x^2 + 1 \\\hline
x^2 + 1 & x^3 + x + 1 \\\hline
x^2 + x & x^2 + x + 1 \\\hline
x^2 + x + 1 & x^2 + x \\\hline
x^3 & x^3 + x^2 + x + 1 \\\hline
x^3 + 1 & x \\\hline
x^3 + x & x^3 + x^2 \\\hline
x^3 + x + 1 & x^2 + 1 \\\hline
x^3 + x^2 & x^3 + x \\\hline
x^3 + x^2 + 1 & x^2 \\\hline
x^3 + x^2 + x & x + 1 \\\hline
x^3 + x^2 + x + 1 & x^3 \\\hline
\end{array}
The non-zero elements of the field, usually represented by adding a star on the upper right $\mathbb{F}^*_{2^4} = \mathbb{F}_{2^4}- \{0\}$ form a multiplicative cyclic group. $\mathbb{F}^*_{2^4}$ can be generated by $x$, i.e. $\mathbb{F}^*_{2^4} = \langle x \rangle$. The powers of the generator;
\begin{array}{|c|c|}\hline
i & x^i \\ \hline
x^ 1 & x \\ \hline
x^{ 2 } & x^2 \\ \hline
x^{ 3 } & x^3 \\ \hline
x^{ 4 } & x + 1 \\ \hline
x^{ 5 } & x^2 + x \\ \hline
x^{ 6 } & x^3 + x^2 \\ \hline
x^{ 7 } & x^3 + x + 1 \\ \hline
x^{ 8 } & x^2 + 1 \\ \hline
x^{ 9 } & x^3 + x \\ \hline
x^{ 10 } & x^2 + x + 1 \\ \hline
x^{ 11 } & x^3 + x^2 + x \\ \hline
x^{ 12 } & x^3 + x^2 + x + 1 \\ \hline
x^{ 13 } & x^3 + x^2 + 1 \\ \hline
x^{ 14 } & x^3 + 1 \\ \hline
x^{ 15 } & 1 \\ \hline
x^{ 16 } & x \\ \hline
\end{array}
$p(x) = 0$ is not included since it has no multiplicative inverse.
Below is the SageMath code used in this answer.
#Base field
R.<y> = PolynomialRing(GF(2), 'y')
#Defining polynomial
G = y^4+y+1
#The field extension
S.<x> = QuotientRing(R, R.ideal(G))
S.is_field()
for p in S:
if ( p != 0 ):
print( p, " - ", 1/p )