Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/2004 | Bjarni Aðalsteinsson | DF | ![]() | Fram Reykjavík | Fram | |
| 01/2004 | Daníel Pálmason | MF | ![]() | UMF Grindavík | Grindavík |

| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/2004 | Bjarni Aðalsteinsson | DF | ![]() | Fram Reykjavík | Fram | |
| 01/2004 | Daníel Pálmason | MF | ![]() | UMF Grindavík | Grindavík |