Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 05/2016 |  | Magnús Bjarnason | DF |  | Fjölnir Reykjavík | Fjölnir |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 10/2016 | | Magnús Bjarnason | DF | | Fjölnir Reykjavík | Fjölnir |
| 01/2016 | | Halldór Baldursson | DF |  | Grótta | Grótta |
| 01/2016 |  | Liam Killa | MF |  | Hamar | Hamar |
| 01/2016 |  | William Daniels | FW |  | UMF Grindavík | Grindavík |