Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 06/2006 |  | Arilíus Marteinsson | DF |  | ÍB Vestmannaeyjar | ÍBV |
| 05/2006 |  | Andrew James Pew | DF | |||
| 05/2006 | | Steingrímur Jóhannesson | FW | | ÍB Vestmannaeyjar | ÍBV |
| 01/2006 | | Sigurður Guðlaugsson | DF | |||
| 01/2006 | | Viðar Kjartansson | FW |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/2006 | | Arilíus Marteinsson | DF | | ÍB Vestmannaeyjar | ÍBV |
| 01/2006 | | Ingi Ingibergsson | MF | | ÍB Vestmannaeyjar | ÍBV |