Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/1990 |  | Einar Þór Daníelsson | MF | |||
| 01/1990 | | Gunnlaugur Einarsson | MF |  | Valur Reykjavík | Valur |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/1990 | | Siguróli Kristjánsson | MF |  | Þór Akureyri | Þór |
UMF Grindavík
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/1990 | | Einar Þór Daníelsson | MF | |||
| 01/1990 | | Gunnlaugur Einarsson | MF | | Valur Reykjavík | Valur |
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 01/1990 | | Siguróli Kristjánsson | MF | | Þór Akureyri | Þór |