| Rank | BIB | Name | Year | Club | Time | ||
|---|---|---|---|---|---|---|---|
| 1 | 34 | Ævar Freyr Valbjörnsson | 2004 | SKA | 00:37:08 | ||
| 2 | 10 | Einar Árni Gíslason | 2003 | SKA | 00:37:42 | +00:34 | |
| 3 | 18 | Ólafur Pétur Eyþórsson | 2003 | SKA | 00:39:49 | +02:41 | |
| 4 | 2 | Grétar Smári Samúelsson | 2006 | SFÍ | 00:40:37 | +03:29 | |
| 5 | 32 | Elmar Sigþórsson | 1982 | Fjallaskiðadeild KA | 00:49:04 | +11:56 | |
| 6 | 33 | Hjörvar Maronsson | 1985 | Fjallaskíðadeild KA | 00:52:23 | +15:15 | |
| 7 | 22 | Stefán Þór Birkisson | 2008 | SFS | 00:54:29 | +17:21 | |
| 8 | 30 | Róbert Bragi Kárason | 2007 | SKA | 00:57:58 | +20:50 | |
| 9 | 6 | Kári Jóhannesson | 1974 | SKA | 00:58:08 | +21:00 | |
| 10 | 16 | Jóhannes Kárason | 1956 | SKA | 00:58:15 | +21:07 | |
| 11 | 8 | Ellert Erlingsson | 1975 | H8G | 01:02:13 | +25:05 | |
| 12 | 23 | Þórhallur Ásmundsson | 1953 | SÓ | 01:05:17 | +28:09 | |
| 13 | 1 | Trausti Árnason | 1972 | Ullur | 01:07:34 | +30:26 | |
| 14 | 3 | Finnur Steingrímsson | 1960 | 01:16:44 | +39:36 | ||
| 15 | 17 | Hilmar Þór Karlsson | 1973 | 01:25:52 | +48:44 |