| Rank | Bib | Name | Year | Split | Time | Chiptime | |
|---|---|---|---|---|---|---|---|
| 1 | 33 | Valur Þór Kristjánsson | 1980 | 00:35:15 | 00:35:16 | ||
| 2 | 28 | Dagbjartur Kristjánsson | 2000 | 00:37:14 | +01:59 | 00:37:13 | |
| 3 | 27 | Magnús Þór Arnarson | 1971 | 00:37:41 | +02:26 | 00:37:40 | |
| 4 | 26 | Helgi Sigurðsson | 1961 | 00:39:04 | +03:49 | 00:39:07 | |
| 5 | 18 | Agnar Jón Ágústsson | 1963 | 00:40:18 | +05:03 | 00:40:17 | |
| 6 | 40 | Páll Harðarson | 1966 | 00:40:46 | +05:31 | 00:40:45 | |
| 7 | 4 | Bragi Bjarnason | 1981 | 00:41:27 | +06:12 | 00:41:26 | |
| 8 | 37 | Páll Jóhannesson | 1976 | 00:41:52 | +06:37 | 00:41:49 | |
| 9 | 12 | sigmar þröstur óskarsson | 1961 | 00:43:25 | +08:10 | 00:43:23 | |
| 10 | 35 | Árni Birgisson | 1970 | 00:43:25 | +08:10 | 00:43:24 | |
| 11 | 38 | Sigmundur Stefánsson | 1953 | 00:43:42 | +08:27 | 00:43:40 | |
| 12 | 22 | Þorsteinn Andrésson | 1968 | 00:44:18 | +09:03 | 00:44:15 | |
| 13 | 31 | Rúnar Sigurðsson | 1964 | 00:44:55 | +09:40 | 00:44:53 | |
| 14 | 32 | Vigfús Ingvarsson | 1970 | 00:44:59 | +09:44 | 00:44:57 | |
| 15 | 21 | Einar Ísak Friðbertsson | 2002 | 00:47:04 | +11:49 | 00:47:04 | |
| 16 | 10 | Össur Björnsson | 1970 | 00:48:05 | +12:50 | 00:48:02 | |
| 17 | 24 | Hörður Benediktsson | 1947 | 00:48:18 | +13:03 | 00:48:17 | |
| 18 | 6 | Sigursveinn Már Sigurðsson | 1980 | 00:49:24 | +14:09 | 00:49:21 | |
| 19 | 23 | Vigfús Eyjólfsson | 1967 | 00:49:29 | +14:14 | 00:49:26 | |
| 20 | 11 | Haukur Þorvaldsson | 1981 | 00:50:24 | +15:09 | 00:50:20 | |
| 21 | 7 | Ásbjörn Jónsson | 1960 | 00:50:40 | +15:25 | 00:50:36 | |
| 22 | 17 | Arnar Björnsson | 1973 | 00:51:37 | +16:22 | 00:51:36 | |
| 23 | 8 | Þorvarður Jónsson | 1960 | 00:51:56 | +16:41 | 00:51:51 | |
| 24 | 20 | Friðbert Gunnarsson | 1973 | 00:53:21 | +18:06 | 00:53:20 | |
| 25 | 15 | friðrik þór sigmarsson | 1989 | 00:56:14 | +20:59 | 00:56:11 | |
| 26 | 46 | Kristján Gíslason | 1996 | 00:59:28 | +24:13 | 00:59:23 | |
| 27 | 30 | Kristbjörg Jónsdóttir | 1963 | 01:03:15 | +28:00 | 01:03:11 | |
| 28 | 13 | Stefán Claessen | 1988 | 01:07:59 | +32:44 | 01:07:55 |