| Rank | Bib | Name | Year | Club/Team | Time |
|---|---|---|---|---|---|
| 1 | 140 | Hermann Johannesson | 1989 | Fjallahjólaklúbburinn Kiddi | 00:37:55.9 |
| 2 | 161 | Rúnar Már Jóhannsson | 1973 | 3SH | 00:38:45.5 |
| 3 | 163 | Valgeir Þór Halbergsson | 1977 | Tindur | 00:40:53.0 |
| 4 | 167 | Gunnar Ingi Gunnarsson | 1966 | Nýherji | 00:41:41.4 |
| 5 | 138 | Gestur Jónsson | 1986 | 00:41:43.1 | |
| 6 | 146 | Kristján Þór Jónsson | 1969 | Hjólahópur Kb | 00:44:09.8 |
| 7 | 170 | Gauti Guðmundsson | 2002 | 00:44:55.9 | |
| 8 | 132 | Andrés Andrésson | 1985 | Team Citybike | 00:45:00.3 |
| 9 | 158 | Snorri Örn Birgisson | 1996 | 00:45:00.8 | |
| 10 | 143 | Jón Magnús Kristjánsson | 1973 | 5tudags | 00:45:06.5 |
| 11 | 147 | Lárus Valur Kristjánsson | 1989 | 00:45:25.8 | |
| 12 | 164 | Örvar Aðalsteinsson | 1961 | UMFUS | 00:45:46.5 |
| 13 | 151 | Magnús Örn Jóhannsson | 1975 | 00:47:36.6 | |
| 14 | 159 | Steingrímur Waltersson | 1971 | UMFUS | 00:47:37.4 |
| 15 | 142 | Jason Nói Arnarsson | 1998 | 00:48:04.2 | |
| 16 | 162 | Valgarð Már Jakobsson | 1971 | 00:48:12.4 | |
| 17 | 165 | Þorvarður Lárusson | 1974 | 00:48:53.5 | |
| 18 | 112 | Chewan Niraula | 1990 | Afturelding | 00:48:56.3 |
| 19 | 145 | Konráð Skúlason | 1965 | Umfus | 00:49:01.0 |
| 20 | 160 | Sveinn Elí Helgason | 2004 | 5dk | 00:50:18.8 |
| 21 | 153 | Ólafur J Stefánsson | 1970 | Hjólakraftur | 00:50:26.3 |
| 22 | 171 | Guðjón Guðmundsson | 2005 | 00:50:53.9 | |
| 23 | 136 | Einar Sverrir Óskarsson | 1969 | 00:51:32.1 | |
| 24 | 154 | Ólafur Jónsson | 1997 | 00:52:54.9 | |
| 25 | 139 | Helgi Þór Þórsson | 1977 | 5dk | 00:54:27.3 |
| 26 | 131 | Ágúst Sæland | 1972 | 00:57:35.7 | |
| 27 | 173 | Ísar Freyr Collins | 2002 | Hjólakraftur | 01:04:42.1 |
| 28 | 150 | Magni Valur Jónsson | 2004 | 01:11:39.0 | |
| 29 | 144 | Jón Pétur Magnason | 1977 | 01:11:40.3 |