Dalvik/Reynir

In 2006 UMFS Dalvík and Reynir Árskógsströnd joined forces to form a new club, Dalvík/Reynir, after Leiftur and Dalvík broke up their cooperation that had formed Leiftur/Dalvík and lasted only four years. This was actually the second time Dalvík and Reynir joined, they first did so in the early 1990s but that time the didn't officially join, Reynir withdrew from the football league and most of the players and staff joined Dalvík. After Dalvík and Leiftur formed Leiftur/Dalvík, Reynir resurfaced and joined the league again with mostly young players from Dalvík that weren't in the Leiftur/Dalvík regular squad.

First season (2006)

Dalvík/Reynir entered the Icelandic football league's third and bottom division in 2006. The first season started well with the club winning its first two matches, drawing the third and winning the fourth. The team couldn't maintain that good start and missed out on playing in the promotion play-offs even after a late surge, winning the last three games including at home against play-offs rivals Magni. Even though Dalvík/Reynir were only two points after Magni and level on points with Leiknir F. before the final day they were already out of the play-offs race since Höttur had already secured the top spot and Leiknir and Magni would meet on the final day with both teams having a far better goal difference than Dalvík/Reynir meaning that no matter how that match would end, one of the two would beat Dalvík/Reynir by either a goal difference or points.

2007 season

The 2007 season did not start well. Two away losses, first against a supposedly weaker team Vinir and then Leiknir F., one of the strongest teams in the group, meant important points were lost early in the very short season. The team never really recovered properly after that and after three draws in their last four games the team finished fourth in the group, losing out on a good chance to gain a promotion as five teams were promoted to the second division in 2007 because the premier division and second division were being expanded.

2008 season

Prior to the 2008 season the coaches in the division were asked by football site Fotbolti.net to predict the results of the division and Dalvík/Reynir were predicted to win the group. Hopes were pretty high having secured the return of Jóhann Hreiðarsson from Þróttur R. and Hermann Albertsson from Víkingur R. The season started reasonably with one win and one loss but everything went downwards after that, the team only managed 4 wins that season and were never really in the contention for the top two spots that would go into the promotion play-offs, finishing third, nine points behind second placed Huginn.

2009 season

On 19 November 2008 it was announced that Jóhann Hreiðarsson would take over as player/coach after Örlygur Þór Helgason left to become general manager of KA. The season didn't start well, three losses in the first four matches meant that Dalvík/Reynir would be playing catch-up all season. Despite being unusually strong away and winning all but two matches away that wasn't enough because the home form failed.

Despite the weak start the team managed to fight back and have their fate in their own hands with two matches left but a draw at home against group winners and league champions Völsungur meant they had to win away against Draupnir and rely on Huginn not winning away against Einherji. Dalvík/Reynir did their part, winning 1–5 but Huginn proved to strong for Einherji that had only won one of their last five games leading up to the final day. So, yet again, third place in the group.

2010 season

One week after the end of the 2009 season, the club announced that Jóhann Hreiðarsson would be stepping down as coach by mutual consent because of other work commitments. On 25 September Atli Már Rúnarsson was announced as the new coach. Atli had played for Dalvík for a few seasons before moving to Þór Akureyri.