Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 08/2011 |  | Kristján Magnússon | MF |  | Þór Akureyri | Þór |
| 08/2011 | | Pétur Kristjánsson | FW | | Þór Akureyri | Þór |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/2012 | | Kristján Magnússon | MF | | Þór Akureyri | Þór |
| 01/2012 | | Pétur Kristjánsson | FW |  | Dalvík/Reynir | Dalvík/Reynir |