| Rank | BIB | Name | Club | Stage 1 | Stage 2 | Stage 3 | Stage 4 | Stage 5 | Stage 6 | Stage 7 | Stage 8 | Total time | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Jökull Guðmundsson | HFR | MAS | 02:26.568 | 02:48.246 | 01:09.441 | 01:04.733 | 01:10.896 | 01:21.171 | --- | 02:37.536 | 00:12:38.591 | |
| 2 | Orri Pétursson | Utan félags | MAS | 02:29.568 | 02:48.694 | 01:08.194 | 01:05.649 | 01:15.686 | 01:21.011 | --- | 02:38.541 | 00:12:47.343 | |
| 3 | Arnaldur Gylfason | Höfrungur | MAS | 02:30.066 | 02:51.775 | 01:09.806 | 01:07.440 | 01:12.247 | 01:17.205 | --- | 02:44.381 | 00:12:52.920 | |
| 4 | Hróbjartur Sigurðsson | Tindur | MAS | 02:31.740 | 03:00.497 | 01:13.294 | 01:10.123 | 01:15.973 | 01:25.095 | --- | 02:38.750 | 00:13:15.472 | |
| 5 | Kristinn Magnússon | Hjólreiðafélag Akureyrar | MAS | 02:36.568 | 03:02.869 | 01:12.725 | 01:06.720 | 01:16.886 | 01:24.631 | --- | 02:46.571 | 00:13:26.970 | |
| 6 | Gunnlaugur Magnusson | Utan félags | MAS | 02:57.846 | 03:17.608 | 01:19.113 | 01:14.257 | 01:25.773 | 01:29.071 | --- | 02:59.667 | 00:14:43.335 | |
| 7 | Helgi Hafsteinsson | HFR | MAS | 02:48.436 | 03:32.932 | 01:14.430 | 01:11.958 | 01:32.877 | 01:32.987 | --- | 03:05.896 | 00:14:59.516 | |
| 8 | Páll Sveinsson | Utan félags | MAS | 03:01.812 | 03:18.412 | 01:36.449 | 01:13.219 | 01:25.483 | 01:30.736 | --- | 03:02.617 | 00:15:08.728 | |
| 9 | Þorgils Óttarr Erlingsson | Utan félags | MAS | 02:47.410 | 04:01.851 | 01:11.136 | 01:23.093 | 01:27.539 | 01:43.391 | --- | 02:56.533 | 00:15:30.953 | |
| 10 | Björgólfur Stefánsson | BFH | MAS | 04:22.543 | 06:11.412 | 02:21.371 | 01:35.839 | 01:48.651 | 02:03.332 | --- | 03:28.496 | 00:21:51.644 |