| # | Name | Club | Pace | Final | |
|---|---|---|---|---|---|
| 1 | Gísli Kristjánsson | Riddarar Rósu | 01:40/100m | 00:08:22 | |
| 2 | Ásgeir Elíasson | Bíddu aðeins | 01:50/100m | 00:09:12 | |
| 3 | Sigurður Skarphéðinsson | Bike Company | 01:59/100m | 00:09:55 | |
| 4 | Ívar Trausti Jósafatsson | - | 02:17/100m | 00:11:22 | |
| 5 | Albert Högnason | Riddarar Rósu | 02:18/100m | 00:11:27 | |
| 6 | Sveinbjörn Sveinbjörnsson | Þríkó | 03:16/100m | 00:16:17 |