Home matches are played in Gundadalur and they compete in the Faroe Islands Premier League.

The board consisted of three people: Mads Andrias Winther, Joan Pauli Joensen and Jakup Mouritsen.

Then in 1955, HB won the double, by winning the league and the first ever national cup competition, beating KÍ Klaksvík in the final.

HB went on to win many more trophies; despite this by 1970, KÍ Klaksvík were the most successful club in the Faroe Islands at the time.

That year HB were due to play KÍ Klaksvík in the national cup final.

HB were the current holders at the time, after beating B36 Tórshavn in the cup final, the previous year.

In November 2017, HB hired Heimir Guðjónsson, who had previously guided Fimleikafélag Hafnarfjarðar to five Icelandic championships, as manager.

[3] On 23 September 2018 the club won the Faroe Islands Premier League after defeating second placed KÍ, 2–1.

As of 4 February 2025[5][6] Note: Flags indicate national team as defined under FIFA eligibility rules; some limited exceptions apply.

Note: Flags indicate national team as defined under FIFA eligibility rules; some limited exceptions apply.