Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/2005 |  | Sigþór Snorrason | MF |  | Keflavík ÍF | Keflavík |
| 01/2005 | | Pétur Markan | FW |  | Fjölnir Reykjavík | Fjölnir |
Boltafélag Ísafjarðar
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/2005 | | Sigþór Snorrason | MF | | Keflavík ÍF | Keflavík |
| 01/2005 | | Pétur Markan | FW | | Fjölnir Reykjavík | Fjölnir |