| Rank | Bib | Name | Year | Club | Split | Time | Chiptime | |
|---|---|---|---|---|---|---|---|---|
| 1 | 4165 | Baldvin Þór Magnússon | 1999 | 00:15:36 (FYRRI 5 KM) 00:16:59 (SEINNI 5 KM) | 00:32:34 | 00:32:33 | ||
| 2 | 3028 | Sölvi Guðmundsson | 2000 | 00:19:38 (FYRRI 5 KM) 00:21:05 (SEINNI 5 KM) | 00:40:42 | +08:08 | 00:40:12 | |
| 3 | 4019 | Már Ægisson | 2000 | Fram | 00:21:10 (FYRRI 5 KM) 00:21:37 (SEINNI 5 KM) | 00:42:46 | +10:12 | 00:42:27 |
| 4 | 3780 | Hafsteinn Ari Ágústsson | 2000 | 00:20:07 (FYRRI 5 KM) 00:23:14 (SEINNI 5 KM) | 00:43:20 | +10:46 | 00:43:15 | |
| 5 | 3947 | Aron Bjarki Ingvason | 2001 | 00:20:53 (FYRRI 5 KM) 00:23:35 (SEINNI 5 KM) | 00:44:27 | +11:53 | 00:44:21 | |
| 6 | 4062 | Jón Helgi Sigurðsson | 2000 | 00:21:08 (FYRRI 5 KM) 00:23:41 (SEINNI 5 KM) | 00:44:48 | +12:14 | 00:44:39 | |
| 7 | 4925 | Ernir Arnarson | 2000 | 00:29:25 (FYRRI 5 KM) 00:35:09 (SEINNI 5 KM) | 01:04:33 | +31:59 | 01:03:26 |