Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 07/2012 |  | Ágúst Ágústsson | MF |  | Fjölnir Reykjavík | Fjölnir |
| 06/2012 | | Arnór Hafsteinsson | GK | |||
| 05/2012 | | Hrannar Einarsson | DF |  | Breiðablik | Breiðablik |
| 05/2012 | | Guðmundur Friðriksson | DF | | Breiðablik | Breiðablik |
| 05/2012 | | Höskuldur Gunnlaugsson | MF | | Breiðablik | Breiðablik |
| 03/2012 | | Gísli Eyjólfsson | MF |  | Breiðablik U19 | Breiðablik U19 |
| 01/2012 | | Viktor Margeirsson | DF |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 10/2012 | | Hrannar Einarsson | DF | | Breiðablik | Breiðablik |
| 10/2012 | | Guðmundur Friðriksson | DF | | Breiðablik | Breiðablik |