Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 04/2007 |  | Guðjón Ólafsson | MF | |||
| 01/2007 | | Árni Einar Adolfsson | FW |  | UMF Tindastóll | UMF Tindastóll |
| 07/2006 |  | Ferenc Béres | FW |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/2007 | | Hjalti Már Hauksson | DF |  | KA Akureyri | KA |
| 01/2007 | | Ingi Hilmarsson | DF | | KA Akureyri | KA |
| 01/2007 | | Sigurbjörn Hafþórsson | MF |  | Keflavík ÍF | Keflavík |
| 08/2006 | | Stefán Magnússon | GK |  | Hvöt Blönduós | Hvöt Blönduós |