Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/2003 | Eyþór Frímannsson | GK | ![]() | ÍA Akranes | ÍA Akranes | |
| 01/2003 | Finnbogi Llorens | DF | ![]() | UMF Skallagrímur | UMF Skallagrímur | |
| 01/2003 | Unnar Valgeirsson | DF | ![]() | ÍA Akranes | ÍA Akranes |

| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/2003 | Eyþór Frímannsson | GK | ![]() | ÍA Akranes | ÍA Akranes | |
| 01/2003 | Finnbogi Llorens | DF | ![]() | UMF Skallagrímur | UMF Skallagrímur | |
| 01/2003 | Unnar Valgeirsson | DF | ![]() | ÍA Akranes | ÍA Akranes |