Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/2002 |  | Helga Hannesdóttir | DF | |||
| 01/2002 | | Ólína Viðarsdóttir | DF |  | UMF Grindavík | Grindavík |
| 01/2002 | | Erla Arnardóttir | MF | |||
| 01/2002 | | Margrét Ólafsdóttir | MF | |||
| 01/2002 | | Elín Steinarsdóttir | MF |  | Valur Reykjavik | Valur |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 04/2002 | | Laufey Ólafsdóttir | MF |  | ÍB Vestmannaeyjar | ÍBV |
| 01/2002 | | Þóra Helgadóttir | GK |  | KR Reykjavík | KR |