| Rank | BIB | Name | Year | Club | Time | |
|---|---|---|---|---|---|---|
| 1 | 11 | Snorri Einarsson | 1986 | Ullur | 00:03:20 | |
| 2 | 12 | Dagur Benediktsson | 1998 | SFÍ | 00:03:20 | +00:00 |
| 3 | 14 | Ragnar Gamalíel Sigurgeirsson | 1996 | SKA | 00:03:22 | +00:02 |
| 4 | 10 | Phillip Bellingham | 1991 | AUS | 00:03:25 | +00:05 |
| 5 | 13 | Albert Jónsson | 1997 | SFÍ | 00:03:26 | +00:06 |
| 6 | 16 | Einar Árni Gíslason | 2003 | SKA | 00:03:36 | +00:16 |
| 7 | 17 | Sveinbjörn Orri Heimisson | 2003 | SFÍ | 00:03:38 | +00:18 |
| 8 | 15 | Ævar Freyr Valbjörnsson | 2004 | SKA | 00:03:38 | +00:18 |