Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 10/2021 |  | Anton Lúðvíksson | MF |  | UMF Afturelding | UMF Afturelding |
| 10/2021 | | Benedikt Warén | MF |  | IF Vestri | IF Vestri |
| 10/2021 | | Stefán Sigurðarson | FW |  | ÍB Vestmannaeyjar | ÍBV |
| 07/2021 | | Ágúst Þorsteinsson | MF | |||
| 07/2021 | | Þorleifur Úlfarsson | FW |  | Víkingur Ólafsvík | Víkingur Ólafsvík |
| 06/2021 | | Benoný Andrésson | FW | |||
| 06/2021 | | Galdur Guðmundsson | DF |  | Breiðablik U17 | U17 |
| 05/2021 | | Sölvi Guðbjargarson | MF |  | UMF Stjarnan | Stjarnan |
| 04/2021 | | Árni Vilhjálmsson | FW | |||
| 02/2021 | | Arnar Gíslason | FW |  | Haukar Hafnarfjörður U19 | U19 |
| 01/2021 | | Torfi Halldórsson | GK |  | Valur Reykjavík | Valur |
| 01/2021 | | Davíð Atlason | DF |  | Víkingur Reykjavík | Víkingur |
| 01/2021 | | Finnur Margeirsson | MF |  | KR Reykjavík | KR |
| 01/2021 | | Tómas Róbertsson | MF |  | Breiðablik U19 | Breiðablik U19 |
| 01/2021 | | Jason Svanþórsson | MF | | UMF Afturelding | UMF Afturelding |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 08/2021 |  | Thomas Mikkelsen | FW |  | Kolding IF | Kolding IF |
| 08/2021 | | Benoný Andrésson | FW |  | Bologna FC U17 | U17 |
| 08/2021 | | Þorleifur Úlfarsson | FW |  | Duke Blue Devils | Duke Blue Devil |
| 07/2021 | | Róbert Þorkelsson | DF |  | CF Montréal | Montréal |
| 07/2021 | | Benedikt Warén | MF | | IF Vestri | IF Vestri |
| 05/2021 | | Atli Andrason | MF | | ÍB Vestmannaeyjar | ÍBV |
| 05/2021 | | Stefán Sigurðarson | FW | | ÍB Vestmannaeyjar | ÍBV |
| 04/2021 | | Ýmir Halldórsson | MF |  | Augnablik | Augnablik |
| 04/2021 | | Guðjón Lýðsson | MF | | ÍB Vestmannaeyjar | ÍBV |
| 03/2021 | | Brynjólfur Willumsson | FW |  | Kristiansund BK | Kristiansund |
| 03/2021 | | Gunnar Heimir Ólafsson | | Augnablik | Augnablik | |
| 02/2021 | | Karl Gunnarsson | DF | | Víkingur Reykjavík | Víkingur |
| 01/2021 | | Ólafur Guðmundsson | DF |  | UMF Grindavík | Grindavík |