| Rank | BIB | Name | Year | Club | Time | Chiptime | |||
|---|---|---|---|---|---|---|---|---|---|
| 1 | 58 | Guðmundur Sveinsson | 1979 | Breiðablik | 01:01:25 | 01:01:25 | |||
| 2 | 74 | Óskar Ómarsson | 1985 | Tindur | 01:01:40 | +00:15 | 01:01:40 | ||
| 3 | 41 | Arnþór Gústavsson | 1979 | Tindur | 01:01:43 | +00:18 | 01:01:40 | ||
| 4 | 40 | Ármann Gylfason | 1977 | HFR | 01:03:28 | +02:03 | 01:03:26 | ||
| 5 | 43 | Atli Jakobsson | 1975 | HFR | 01:03:29 | +02:04 | 01:03:27 | ||
| 6 | 54 | Gísli Hreinn Halldórsson | 1978 | Höfrungur | 01:03:52 | +02:27 | 01:03:49 | ||
| 7 | 68 | Jón Gunnar Kristinsson | 1974 | HFR | 01:04:27 | +03:02 | 01:04:27 | ||
| 8 | 47 | Bjarni Már Gylfason | 1975 | HFR | 01:05:51 | +04:26 | 01:05:51 | ||
| 9 | 94 | Birkir Marteinsson | 1971 | 01:08:17 | +06:52 | 01:08:14 | |||
| 10 | 71 | Magnús Björnsson | 1977 | Breiðablik | 01:08:22 | +06:57 | 01:08:18 | ||
| 11 | 61 | Henning Arnór Úlfarsson | 1981 | HFR | 01:08:22 | +06:57 | 01:08:18 | ||
| 12 | 76 | Valur Rafn | 1976 | Bjartur | 01:11:48 | +10:23 | 01:11:44 | ||
| 13 | 72 | Ólafur Örn Bragason | 1978 | Afturelding | 01:12:25 | +11:00 | 01:12:15 | ||
| 14 | 49 | Bragi Hreinn Þorsteinsson | 1977 | Utan félags | 01:12:37 | +11:12 | 01:12:27 | ||
| 15 | 42 | Ástvaldur Sigurðsson | 1977 | Utan félags | 01:12:43 | +11:18 | 01:12:37 | ||
| 16 | 60 | Helgi Hafsteinsson | 1978 | HFR | 01:14:02 | +12:37 | 01:13:53 | ||
| 17 | 55 | Gnýr Guðmundsson | 1971 | Bjartur | 01:14:03 | +12:38 | 01:13:55 | ||
| 18 | 53 | Friðrik Jón Birgisson | 1972 | HFR | 01:23:51 | +22:26 | 01:23:38 | ||
| 19 | 57 | Guðjón Júlíusson | 1982 | Utan félags | 01:24:40 | +23:15 | 01:24:29 | ||
| 20 | 64 | Ingvar H Ragnarsson | 1972 | Utan félags | 01:25:23 | +23:58 | 01:25:14 | ||
| 21 | 63 | Hörður Hafberg Gunnlaugsson | 1974 | Utan félags | 01:32:32 | +31:07 | 01:32:20 | ||
| 22 | 51 | Elvar Þór Ólafsson | 1977 | 3N | 01:35:27 | +34:02 | 01:35:14 | ||
| 23 | 78 | Þorvarður Lárusson | 1974 | Utan félags | 01:40:48 | +39:23 | 01:40:35 |