Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/2001 |  | Baldvin Hallgrímsson | DF |  | Fylkir Reykjavík | Fylkir |
| 01/2001 | | Hjörvar Maronsson | DF |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/2001 |  | Jens Martin Knudsen | GK |  | NSÍ Runavík | NSÍ Runavík |
| 01/2001 | | Hlynur Birgisson | DF |  | Þór Akureyri | Þór |
| 01/2001 | | Páll Viðar Gíslason | DF | | Þór Akureyri | Þór |
| 01/2001 | | Steinn Gunnarsson | DF |  | KA Akureyri | KA |
| 01/2001 | | Hlynur Jóhannsson | DF | | KA Akureyri | KA |
| 01/2001 | | Örlygur Helgason | MF | | Þór Akureyri | Þór |
| 01/2001 | | Sámal Joensen | MF |  | GÍ Gøta | GÍ |
| 01/2001 | | John Petersen | FW |  | B36 Tórshavn | B36 |