| Rank | Bib | Name | Year | Split | Time | Chiptime | |
|---|---|---|---|---|---|---|---|
| 1 | 1282 | Trausti Valdimarsson | 1957 | 00:44:57 | 00:44:54 | ||
| 2 | 1070 | Stefán Guðmundsson | 1957 | 00:51:01 | +06:04 | 00:50:58 | |
| 3 | 1051 | Þorvaldur Kristjánsson | 1949 | 00:52:42 | +07:45 | 00:52:28 | |
| 4 | 1017 | Flosi Kristjansson | 1951 | 00:56:59 | +12:02 | 00:56:53 | |
| 5 | 1034 | Ólafur Bragason | 1956 | 01:05:47 | +20:50 | 01:05:32 | |
| 6 | 1153 | Eysteinn Hafberg | 1940 | 01:07:51 | +22:54 | 01:07:45 |