Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/1995 |  | Gunnar Oddsson | DF |  | Keflavík ÍF | Keflavík |
| 01/1995 | | Ragnar Gíslason | MF |  | UMF Stjarnan | Stjarnan |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/1995 | | Anton Mark Duffield | MF |  | KS Siglufjörður | KS Siglufjörður |
ÍF Leiftur
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/1995 | | Gunnar Oddsson | DF | | Keflavík ÍF | Keflavík |
| 01/1995 | | Ragnar Gíslason | MF | | UMF Stjarnan | Stjarnan |
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/1995 | | Anton Mark Duffield | MF | | KS Siglufjörður | KS Siglufjörður |