Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/1990 |  | Jón Helgason | DF |  | Valur Reykjavík | Valur |
| 01/1990 | | Steingrímur Eiðsson | MF | |||
| 01/1990 | | Ómar Torfason | MF |  | Fram Reykjavík | Fram |
| 01/1990 | | Þorlákur Árnason | FW |  | Þróttur Neskaupstaður | Þróttur Neskaupstaður |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/1990 | | Hafsteinn Jakobsson | MF |  | KA Akureyri | KA |