| Rank | BIB | Name | Year | Club | Time | |
|---|---|---|---|---|---|---|
| 1 | 138 | Bjarki Johannsson | 1998 | HFA | 00:00:29.252 | |
| 2 | Bjarki Sigurðsson | 1992 | HFA | 00:00:29.430 | +00:00 | |
| 3 | 100 | Alexander Tausen Tryggvason | 1992 | HFR | 00:00:30.608 | +00:01 |
| 4 | Steini Sævarsson | 1987 | HFR | 00:00:31.379 | +00:02 | |
| 5 | 22 | Baldvin Gunnarsson | 1990 | HFA | 00:00:31.562 | +00:02 |
| 6 | Jónas Stefánsson | 1988 | HFA | 00:00:31.927 | +00:02 | |
| 7 | 23 | Gestur Jonsson | 1989 | BFH | 00:00:33.046 | +00:04 |
| 8 | Bergþór Páll Hafþórsson | 2000 | BFH | 00:00:33.169 | +00:04 | |
| 9 | 17 | Björn Oddsson | 1980 | BFH | 00:00:34.627 | +00:05 |
| 10 | Gunnar Jarl Gunnarsson | 1991 | HFA | 00:00:37.445 | +00:08 |