| Rank | Bib | Name | Year | Club | Country | Split | Time | Chiptime | |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 5030 | Þórólfur Ingi Þórsson | 1976 | ÍR / Nike | ISL | 00:16:54 | 00:16:53 | ||
| 2 | 5188 | Torben Gregersen | 1974 | 3SH | ISL | 00:19:16 | +02:22 | 00:19:15 | |
| 3 | 5154 | Ásgeir Skúlason | 1978 | ÍR skokk | ISL | 00:19:43 | +02:49 | 00:19:41 | |
| 4 | 5177 | Magnús Harðarson | 1966 | ISL | 00:19:51 | +02:57 | 00:19:50 | ||
| 5 | 5023 | Gunnar Már Gunnarsson | 1978 | ISL | 00:21:39 | +04:45 | 00:21:34 | ||
| 6 | 5044 | Hringur Baldvinsson | 1966 | Hlaupahópur FH | ISL | 00:22:07 | +05:13 | 00:22:03 | |
| 7 | 5174 | Rúnar Andrew Jónsson | 1967 | ISL | 00:22:33 | +05:39 | 00:22:28 | ||
| 8 | 5045 | Helgi Harðarson | 1961 | Hlaupahópur FH | ISL | 00:22:33 | +05:39 | 00:22:28 | |
| 9 | 5089 | Ingi Björn Ágústsson | 1978 | ISL | 00:23:20 | +06:26 | 00:23:10 | ||
| 10 | 5134 | Ólafur Örn Svansson | 1972 | ISL | 00:24:08 | +07:14 | 00:23:54 | ||
| 11 | 5151 | Jón Guðmundsson | 1954 | ISL | 00:24:14 | +07:20 | 00:24:05 | ||
| 12 | 5176 | Björn Heimir Björnsson | 1964 | ISL | 00:24:56 | +08:02 | 00:24:43 | ||
| 13 | 5052 | Hannes Blöndal | 1969 | Breiðablik | ISL | 00:25:07 | +08:13 | 00:24:52 | |
| 14 | 5057 | Hilmar Ólafsson | 1973 | ISL | 00:25:12 | +08:18 | |||
| 15 | 5024 | Felix Sigurðsson | 1963 | ISL | 00:25:15 | +08:21 | 00:25:04 | ||
| 16 | 5164 | Stefán Birnir Sverrisson | 1976 | Frískir Flóamenn | ISL | 00:25:22 | +08:28 | 00:25:10 | |
| 17 | 5104 | Sindri Bergmann Eiðsson | 1973 | ISL | 00:26:01 | +09:07 | 00:25:48 | ||
| 18 | 05149 | Skúli Magnús Þorvaldsson | 1973 | Team Matthildur | ISL | 00:26:04 | +09:10 | 00:25:37 | |
| 19 | 5069 | Pétur Már Ólafsson | 1965 | ISL | 00:26:07 | +09:13 | 00:25:50 | ||
| 20 | 5173 | Baldur Eiríksson | 1969 | ISL | 00:26:09 | +09:15 | 00:25:41 | ||
| 21 | 5107 | Hjálmar Helgason | 1975 | ISL | 00:27:35 | +10:41 | 00:27:02 | ||
| 22 | 5156 | Þorsteinn Ragnar Jóhannesson | 1972 | ÍR skokk | ISL | 00:28:09 | +11:15 | 00:28:01 | |
| 23 | 5059 | Sveinn Hilmarsson | 1964 | ISL | 00:31:04 | +14:10 | 00:30:51 | ||
| 24 | 5119 | Ken Common | 1963 | USA | 00:31:07 | +14:13 | 00:30:43 | ||
| 25 | 5082 | Arngeir Arngeirsson | 1976 | ISL | 00:32:08 | +15:14 | 00:31:31 | ||
| 26 | 5001 | Rúnar Jónsson | 1949 | ISL | 00:33:41 | +16:47 | 00:33:12 | ||
| 27 | 5042 | Hjörtur Árnason | 1958 | ISL | 00:34:18 | +17:24 | 00:33:59 | ||
| 28 | 05039 | Einar Rafn Guðmundsson | 1977 | Jöklarnir | ISL | 00:34:39 | +17:45 | 00:33:56 | |
| 29 | 5066 | Björn Ágúst Júlíusson | 1974 | ISL | 00:39:56 | +23:02 | 00:39:30 | ||
| 30 | 5129 | Geir Aage Schmidt | 1965 | T.U.R. Running Team | NOR | 00:44:45 | +27:51 | 00:44:26 | |
| 31 | 5117 | Sigvaldi Búi Þórarinsson | 1971 | ISL | 01:00:16 | +43:22 | 00:59:49 | ||
| 32 | 5074 | Ingvaldur Jóhannsson | 1974 | UMFK | ISL | 01:00:47 | +43:53 | 01:00:27 |