| Rank | BIB | Name | Year | Club | Split | Time | |||
|---|---|---|---|---|---|---|---|---|---|
| 1 | 17 | Magnús Eiriksson | 1951 | Siglufjörður | 00:47:37 (12 km) | 01:36:29 | |||
| 2 | 38 | Árni Óðinsson | 1950 | SKA | 00:53:14 (12 km) | 01:50:22 | +13:53 | ||
| 3 | 20 | Guðmundur Bj. Guðmundsson | 1962 | SKA | 00:55:13 (12 km) | 01:53:46 | +17:17 | ||
| 4 | 39 | Egill Guðmundsson | 1953 | Ullur | 00:57:25 (12 km) | 01:54:55 | +18:26 | ||
| 5 | 12 | Hjörleifur Þórarinsson | 1959 | Ullur | 00:57:29 (12 km) | 01:56:07 | +19:38 |