| Rank | Bib | FIS | Name | Year | Club | Split | Time | Chiptime | |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 3 | 0 | Einar Árni Gíslason | 2003 | SKA | 00:04:14,1 | |||
| 2 | 5 | 0 | Hilmar Tryggvi Kristjánsson | 2003 | SFS | 00:04:17,5 | +00:03 | ||
| 3 | 6 | 0 | Sveinbjörn Orri Heimisson | 2003 | SFÍ | 00:04:29,6 | +00:15 | ||
| 4 | 4 | 0 | Ólafur Pétur Eyþórsson | 2003 | SKA | 00:04:36,9 | +00:22 |