| Rank | BIB | Name | Year | Club | Time | |
|---|---|---|---|---|---|---|
| 1 | Birkir Gunnlaugsson | 1995 | 00:03:07 | |||
| 2 | Þórólfur Þórsson | 1976 | ÍR - NIKE | 00:03:08 | +00:01 | |
| 3 | Andri Már Hannesson | 1999 | 00:03:08 | +00:01 | ||
| 4 | Axel Sigurðarson | 1987 | 00:03:27 | +00:20 | ||
| 5 | Erling Daði Emilsson | 1983 | 00:03:30 | +00:23 | ||
| 6 | Alfredo Caballero Benítez | 1998 | 00:03:30 | +00:23 | ||
| 7 | Guðlaugur Ari Jónsson | 1994 | 00:03:32 | +00:25 | ||
| 8 | Jón Örlygsson | 1974 | Víkingur | 00:03:45 | +00:38 | |
| 9 | Stefán Kári Smárason | 2003 | Breiðablik | 00:03:45 | +00:38 | |
| 10 | Hjalti Kolbeinsson | 1983 | CCP Running Club | 00:03:56 | +00:49 | |
| 11 | Helgi Heiðar Stefánsson | 1980 | 00:04:00 | +00:53 | ||
| 12 | Ólafur Ragnar Helgason | 1976 | 00:04:08 | +01:01 | ||
| 13 | Sveinn Logi Sölvason | 1978 | HFR | 00:04:09 | +01:02 | |
| 14 | Kristinn Snær Smárason | 2008 | 00:04:22 | +01:15 | ||
| 15 | Ingimar Guðmundsson | 1963 | UMFS | 00:04:37 | +01:30 | |
| 16 | Hólmsteinn Þór Valdimarsson | 1986 | 00:04:50 | +01:43 | ||
| 17 | Dagur Einar Maack | 2011 | ÍR | 00:04:51 | +01:44 | |
| 18 | Sigurður Ari Orrason | 2011 | ÍR | 00:04:51 | +01:44 | |
| 19 | Jóhann Kristinn Indriðason | 1982 | 00:04:56 | +01:49 | ||
| 20 | Gísli Þór Viðarsson | 1982 | 00:04:58 | +01:51 |