Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 05/2003 |  | Ragnar Hauksson | FW |  | Víkingur Reykjavík | Víkingur |
| 01/2003 | | Ingvar Þór Kale | GK | | Víkingur Reykjavík | Víkingur |
| 01/2003 | | Kristinn Baldursson | DF | |||
| 01/2003 | | Sigurbjörn Hafþórsson | MF |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/2003 | | Ragnar Hauksson | FW | | Víkingur Reykjavík | Víkingur |