Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 10/2012 |  | Vignir Jóhannesson | GK |  | UMF Njarðvík | UMF Njarðvík |
| 10/2012 | | Jökull Elísabetarson | DF |  | KV Vesturbæjar | KVV |
| 10/2012 | | Guðmundur Friðriksson | DF |  | Augnablik | Augnablik |
| 10/2012 | | Viktor Unnar Illugason | FW |  | Haukar Hafnarfjörður | Haukar |
| 10/2012 | | Árni Vilhjálmsson | FW | | Haukar Hafnarfjörður | Haukar |
| 07/2012 |  | Nichlas Rohde | FW |  | FC Nordsjælland | Nordsjælland |
| 07/2012 |  | Ben Everson | FW |  | UMF Tindastóll | UMF Tindastóll |
| 07/2012 | | Hlynur Hlöðversson | GK | |||
| 05/2012 |  | Renee Troost | DF |  | AGOVV | AGOVV |
| 04/2012 |  | Petar Rnković | FW |  | Mjøndalen IF | MIF |
| 01/2012 | | Hrannar Einarsson | DF | |||
| 01/2012 | | Gísli Helgason | DF |  | Þór Akureyri | Þór |
| 01/2012 | | Ósvald Traustason | DF | |||
| 01/2012 | | Viggó Kristjánsson | MF |  | Grótta | Grótta |
| 01/2012 | | Sindri Snær Magnússon | MF |  | ÍR Reykjavík | ÍR |
| 01/2012 | | Alexander Sigurðarson | MF | |||
| 01/2012 | | Elfar Aðalsteinsson | FW |  | ÍF Völsungur | ÍF Völsungur |
| 01/2012 | | Stefán Þór Pálsson | FW | | ÍR Reykjavík | ÍR |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 11/2012 | | Nichlas Rohde | FW | | FC Nordsjælland | Nordsjælland |
| 08/2012 | | Jökull Elísabetarson | DF | | KV Vesturbæjar | KVV |
| 05/2012 | | Viggó Kristjánsson | MF | | ÍR Reykjavík | ÍR |
| 05/2012 | | Hrannar Einarsson | DF | | Augnablik | Augnablik |
| 05/2012 | | Guðmundur Friðriksson | DF | | Augnablik | Augnablik |
| 05/2012 | | Höskuldur Gunnlaugsson | MF | | Augnablik | Augnablik |
| 05/2012 | | Elvar Sigurðsson | FW | | ÍR Reykjavík | ÍR |
| 05/2012 | | Vignir Jóhannesson | GK | | UMF Njarðvík | UMF Njarðvík |
| 05/2012 | | Bjarki Aðalsteinsson | MF |  | Reynir Sandgerði | Reynir Sandgerði |
| 04/2012 | | Hilmar Bjartþórsson | MF |  | Leiknir Fáskrúðsfirði | Leiknir Fáskrúðsfirði |
| 04/2012 | | Viktor Unnar Illugason | FW | | Haukar Hafnarfjörður | Haukar |
| 03/2012 | | Guðmundur Kristjánsson | DF |  | IK Start | IK Start |
| 02/2012 | | Reynir Magnússon | FW | | ÍR Reykjavík | ÍR |
| 01/2012 | | Kári Ársælsson | MF |  | ÍA Akranes | ÍA Akranes |
| 01/2012 | | Kristinn Steindórsson | MF |  | Halmstads BK | Halmstads BK |