| Goalkeeper | ||||
|---|---|---|---|---|
| Name | Country | Birthday | ||
 | Þorvaldur Jónsson |  | Iceland | 17.05.1964 |
 | Jens Martin Knudsen |  | Faeroe Islands | 11.06.1967 |
 | Þorvaldur Þorsteinsson | | Iceland | 1979 |
| Defence | ||||
| Name | Country | Birthday | ||
 | Sindri Bjarnason | | Iceland | 1970 |
 | Páll Viðar Gíslason | | Iceland | 17.04.1970 |
 | Þorvaldur Guðbjörnsson | | Iceland | 28.02.1978 |
 | Páll Guðmundsson | | Iceland | 12.09.1968 |
 | Steinn Gunnarsson | | Iceland | 25.11.1976 |
 | Peter Ogaba |  | Nigeria | 24.09.1974 † |
 | Hilmar Rúnarsson | | Iceland | 26.09.1980 |
 | Júlíus Tryggvason | | Iceland | 22.10.1966 |
| Midfield | ||||
| Name | Country | Birthday | ||
 | Albert Arason | | Iceland | 02.12.1977 |
 | Baldur Bragason | | Iceland | 29.05.1968 |
 | Davíð Garðarsson | | Iceland | 19.08.1969 |
 | Andri Marteinsson | | Iceland | 08.08.1965 |
 | John Nielsen |  | Denmark | 07.04.1972 |
 | Kári Reynisson | | Iceland | 12.03.1974 |
| Forward | ||||
| Name | Country | Birthday | ||
 | Uni Arge | | Faeroe Islands | 21.01.1971 |
 | Heiðar Gunnólfsson | | Iceland | 25.03.1979 |
 | Steinar Ingimundarson | | Iceland | 27.01.1969 |
 | Paul Kinnaird |  | Scotland | 11.11.1966 |
 | Rastislav Lazorik |  | Slovakia | 16.04.1973 |
| Manager | ||||
| Name | Country | Birthday | ||
 | Páll Guðlaugsson | | Iceland | 09.09.1958 |
ÍF Leiftur