Questions & Answers about Við förum í ferðalag í ár.
Icelandic very often uses the simple present tense to talk about the future, especially when there is a time expression like í ár (this year) that makes the future meaning clear.
So við förum í ferðalag í ár literally is we go on a trip this year, but it is naturally understood as we are going on a trip this year or we will go on a trip this year.
There is no single, separate "will"-future tense in Icelandic like in English. Instead, you mainly see:
Förum is first person plural, present indicative of the verb fara (to go).
The main present-tense forms of fara are:
- ég fer – I go
- þú ferð – you (sg.) go
- hann / hún / það fer – he / she / it goes
- við förum – we go
- þið farið – you (pl.) go
- þeir / þær / þau fara – they go
So við förum simply means we go (and in this sentence, by context, we are going / we will go).