| Rank | BIB | Name | Year | Club | Split | Time | |
|---|---|---|---|---|---|---|---|
| 1 | 020 | Einar Kristjánsson | 1969 | Team Reykjavik | 01:07:48 (20km) | 02:19:31 | |
| 2 | 011 | Kristján Hauksson | 1974 | SÓ | 01:10:55 (20km) | 02:30:41 | +11:10 |
| 3 | 018 | Björn Traustason | 1971 | Ullur /Team Reykjavik | 01:14:46 (20km) | 02:34:43 | +15:12 |
| 4 | 002 | Sigurgeir Ágúst Stefánnso | 1964 | Völsungur | 01:20:43 (20km) | 02:48:09 | +28:38 |
| 5 | 019 | Gunnlaugur Jónasson | 1962 | Ullur | 01:21:05 (20km) | 02:57:21 | +37:50 |
| 6 | 024 | Guðmundur Arnar Ástvaldsson | 1976 | Ullur | 01:26:01 (20km) | 03:08:41 | +49:10 |
| 7 | 023 | Burkni Helgason | 1978 | Ullur | 01:29:59 (20km) | 03:14:28 | +54:57 |
| 8 | 022 | Sveinn Ásgeirsson | 1964 | ÍR | 01:38:22 (20km) | 03:16:42 | +57:11 |
| 9 | 001 | Birkir Þór Jónasson | 1969 | Ullur | 01:32:26 (20km) | 03:18:36 | +59:05 |
| 10 | 006 | Már Másson | 1963 | FÍ Landvættir | 01:34:19 (20km) | 03:20:30 | +01:00:59 |
| 11 | 008 | Árni Tryggvason | 1963 | Ullur | 01:32:25 (20km) | 03:22:03 | +01:02:32 |
| 12 | 012 | Kristinn Halldórsson | 1972 | Ullur | 01:39:23 (20km) | 03:30:01 | +01:10:30 |
| 13 | 015 | Eysteinn Einarsson | 1964 | Ulli | 01:37:15 (20km) | 03:31:19 | +01:11:48 |
| 14 | 005 | Hörður Þórhallsson | 1967 | FÍ Landvættir | 01:43:53 (20km) | 03:46:21 | +01:26:50 |
| 15 | 009 | Sigríður L. Guðmundsdóttir | 1975 | FÍ Landvættir | 01:49:55 (20km) | 03:46:49 | +01:27:18 |
| 16 | 007 | Guðrún Harðardóttir | 1966 | 01:47:24 (20km) | 03:49:24 | +01:29:53 | |
| 17 | 47 | Inga Dagmar Karlsdóttir | 1972 | Ullur | 01:49:55 (20km) | 03:54:41 | +01:35:10 |
| 18 | 017 | Guðrún Ásta Árnadóttir | 1975 | Skokkhópur Hauka | 01:51:56 (20km) | 03:55:06 | +01:35:35 |
| 19 | 016 | Páll Már Pálsson | 1965 | Skokkhópur Hauka | 01:51:57 (20km) | 03:55:06 | +01:35:35 |
| 20 | 003 | Kristján Már Sigurjónsson | 1946 | Ullur | 01:50:35 (20km) | 03:58:57 | +01:39:26 |
| 21 | 25 | Lovísa Stefánsdóttir | 1970 | 01:50:19 (20km) | 03:59:12 | +01:39:41 | |
| 22 | 010 | Ragnheiður Gísladóttir | 1973 | 01:54:34 (20km) | 04:06:13 | +01:46:42 | |
| 23 | 013 | Sigrún Stefanía Kolsöe | 1967 | 01:56:39 (20km) | 04:06:15 | +01:46:44 | |
| 24 | 026 | Anna Björg Haukdal | 1959 | 01:51:46 (20km) | 04:06:58 | +01:47:27 | |
| 25 | 021 | Ragnheiður Stefánsdóttir | 1968 | Elítan | 02:00:20 (20km) | 04:16:57 | +01:57:26 |
| 26 | 027 | Unnur Guðrún Pálsdóttir | 1970 | 02:01:46 (20km) | 04:25:25 | +02:05:54 | |
| 27 | 004 | Júlíana Héðinsdóttir | 1973 | 02:03:16 (20km) | 04:25:25 | +02:05:54 |