Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/1992 | Helgi Kolviðsson | DF | ![]() | HK Kópavogur | HK | |
| 01/1992 | Leifur Garðarsson | MF | ![]() | FH Hafnarfjörður | FH | |
| 01/1992 | Ómar Jóhannsson | MF | ![]() | ÍB Vestmannaeyjar | ÍBV | |
| 01/1992 | Hörður Már Magnússon | FW | ![]() | Valur Reykjavík | Valur |

| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/1992 | Helgi Kolviðsson | DF | ![]() | HK Kópavogur | HK | |
| 01/1992 | Leifur Garðarsson | MF | ![]() | FH Hafnarfjörður | FH | |
| 01/1992 | Ómar Jóhannsson | MF | ![]() | ÍB Vestmannaeyjar | ÍBV | |
| 01/1992 | Hörður Már Magnússon | FW | ![]() | Valur Reykjavík | Valur |