Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 05/2000 |  | John Petersen | FW |  | B36 Tórshavn | B36 |
| 05/2000 | | Jens Martin Knudsen | GK | | B36 Tórshavn | B36 |
| 03/2000 |  | Hlynur Birgisson | DF | |||
| 01/2000 | | Hlynur Jóhannsson | DF |  | Víðir Garður | Víðir Garður |
| 01/2000 | | Sámal Joensen | MF |  | GÍ Gøta | GÍ |
| 01/2000 | | Hörður Már Magnússon | FW |  | Valur Reykjavík | Valur |
| 01/2000 | | Jens Erik Rasmussen | FW |  | HB Tórshavn | HB |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/2000 | | Páll Guðmundsson | DF |  | ÍB Vestmannaeyjar | ÍBV |
| 01/2000 | | Páll Guðlaugsson | MA |  | Keflavík ÍF | Keflavík |
| 10/1999 |  | Gordon Forrest | DF |  | East Fife FC | East Fife |
| 09/1999 | | Uni Arge | FW | | HB Tórshavn | HB |