| Rank | Bib | Name | Year | Club | Split | Time | Chiptime | |
|---|---|---|---|---|---|---|---|---|
| 1 | 122 | Friðleifur K Friðleifsson | 1970 | 00:20:02 | 00:20:00 | |||
| 2 | 139 | Viðar Bragi Þorsteinsson | 1973 | Breiðablik | 00:20:21 | +00:19 | 00:20:19 | |
| 3 | 127 | Birgir Rafn Birgisson | 1976 | FH | 00:20:30 | +00:28 | 00:20:28 | |
| 4 | 11 | Rúnar Sigurðsson | 1969 | 00:21:18 | +01:16 | 00:21:15 | ||
| 5 | 12 | Óskar Guðjón Karlsson | 1974 | 00:22:38 | +02:36 | 00:22:36 | ||
| 6 | 111 | Rúnar Andrew Jónsson | 1967 | 00:23:23 | +03:21 | 00:23:20 | ||
| 7 | 64 | Baldvin A B Aalen | 1974 | 00:25:00 | +04:58 | 00:24:56 | ||
| 8 | 46 | Hafþór Rafn Benediktsson | 1977 | Breiðablik | 00:25:00 | +04:58 | 00:24:56 | |
| 9 | 141 | Viðar Örn Traustason | 1974 | 00:28:11 | +08:09 | 00:27:59 | ||
| 10 | 66 | Birgir. Sigurþórsson | 1965 | 00:28:13 | +08:11 | 00:28:07 | ||
| 11 | 126 | Kjartan Már Másson | 1970 | 00:28:25 | +08:23 | 00:28:17 | ||
| 12 | 27 | Vöggur Clausen Magnússon | 1947 | 00:28:41 | +08:39 | 00:28:38 | ||
| 13 | 65 | Kristján Gunnarsson | 1964 | 00:28:42 | +08:40 | 00:28:37 | ||
| 14 | 116 | Árni Böðvarsson | 1971 | 00:29:54 | +09:52 | |||
| 15 | 60 | Þorleikur Jóhannesson | 1962 | 00:30:20 | +10:18 | 00:30:12 | ||
| 16 | 149 | Sindri Bergmann Eiðsson | 1973 | 00:32:09 | +12:07 | 00:32:02 | ||
| 17 | 109 | Bergþór Sveinsson | 1965 | 00:32:27 | +12:25 | 00:32:16 | ||
| 18 | 75 | Sveinn Hilmarsson | 1964 | 00:33:11 | +13:09 | 00:33:01 | ||
| 19 | 206 | Jón Helgi Óskarsson | 1962 | Skokkhópur Hauka | 00:34:42 | +14:40 | 00:34:33 | |
| 20 | 52 | Einar Arnarsson | 1963 | 00:36:33 | +16:31 | 00:36:28 | ||
| 21 | 113 | Þorsteinn H Steinarsson | 1963 | Breiðablik | 00:39:49 | +19:47 | 00:39:46 | |
| 22 | 13 | Hjörtur Árnason | 1958 | 00:39:55 | +19:53 | 00:39:43 | ||
| 23 | 98 | Jón S Magnússon | 1946 | 00:42:12 | +22:10 | 00:42:05 |