Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 05/2012 |  | Leifur Leifsson | DF |  | HK Kópavogur | HK |
| 01/2012 | | Stefán Ari Björnsson | GK |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 06/2012 | | Leifur Leifsson | DF | | HK Kópavogur | HK |
| 01/2012 | | Beitir Ólafsson | GK | | HK Kópavogur | HK |
| 01/2012 | | Guðmundur Steinþórsson | FW |  | BÍ/Bolungarvík | BÍ/Bolungarvík |