| Rank | Bib | FIS | Name | Year | Club | Split | Time | Chiptime | |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 14 | 0 | Helgi Már Kjartansson | 2002 | SÓ | 00:08:13 (2,5 KM) | 00:16:51,0 | ||
| 2 | 17 | 0 | Hilmar Tryggvi Kristjánsson | 2003 | SFS | 00:08:47 (2,5 KM) | 00:17:52,5 | +01:01 | |
| 3 | 13 | 0 | Ólafur Pétur Eyþórsson | 2003 | SKA | 00:09:08 (2,5 KM) | 00:18:29,0 | +01:38 | |
| 4 | 12 | 0 | Sveinbjörn Orri Heimisson | 2003 | SFÍ | 00:09:23 (2,5 KM) | 00:18:42,3 | +01:51 |