| Rank | Bib | Name | Year | Club | Time |
|---|---|---|---|---|---|
| 1 | 62 | Reynir Magnússon | 1963 | HFR | 00:12:04.5 |
| 2 | 5 | Haraldur Njálsson | 1966 | Bjartur | 00:12:13.2 |
| 3 | 7 | Jóhann Thorarensen | 1959 | Bjartur | 00:12:19.5 |
| 4 | 41 | Ingvi Júlíus Ingvason | 1962 | Breiðablik | 00:13:09.7 |
| 5 | 36 | Þorsteinn Ingi Víglundsson | 1962 | Breiðablik | 00:14:44.3 |
| 6 | 13 | Gisli S Asgeirsson | 1955 | 3SH | 00:14:51.9 |