| Rank | Bib | Name | Year | Club | Split | Time | Chiptime | |
|---|---|---|---|---|---|---|---|---|
| 1 | 0 | Arnar Petursson | 1991 | ÍR | 00:16:50 | 00:16:49 | ||
| 2 | 0 | Ingvar Hjartarson | 1994 | Fjölnir/Adidas | 00:17:44 | +00:54 | 00:17:43 | |
| 3 | 0 | Bjarki Freyr Rúnarsson | 1994 | 3SH | 00:19:03 | +02:13 | 00:19:03 | |
| 4 | 0 | Pétur Ingi Hauksson | 1997 | 00:20:21 | +03:31 | 00:20:19 | ||
| 5 | 0 | Lárus Gohar Kazmi | 1989 | 00:21:45 | +04:55 | 00:21:41 | ||
| 6 | 0 | Benedikt Fannar Guðmundsson | 1996 | 00:22:56 | +06:06 | 00:22:49 | ||
| 7 | 0 | Vignir Guðnason | 2001 | Hlaupahópur FH | 00:23:16 | +06:26 | 00:23:12 | |
| 8 | 0 | Arnar Gunnarsson | 1991 | Skokkhópurinn Finnur | 00:23:33 | +06:43 | 00:23:28 | |
| 9 | 0 | Tómas Njálsson | 1992 | 00:24:04 | +07:14 | 00:23:54 | ||
| 10 | 0 | Benedikt Jónsson | 1991 | Skokkhópurinn Finnur | 00:24:11 | +07:21 | 00:24:06 | |
| 11 | 0 | Jón Ásgeir Haukdal Þorvaldsson | 1989 | FÍ Landvættir | 00:24:31 | +07:41 | 00:24:20 | |
| 12 | Jónas Tryggvi Stefánsson | 1992 | 00:26:07 | +09:17 | 00:26:02 | |||
| 13 | 0 | Unnar Steinn Sigurðsson | 2003 | Hlaupahópur FH | 00:26:58 | +10:08 | 00:26:48 | |
| 14 | 0 | Sigurður Ágústsson | 1990 | 00:27:06 | +10:16 | 00:26:57 | ||
| 15 | Gísli Snær Guðmundsson | 1995 | 00:28:09 | +11:19 | 00:27:48 | |||
| 16 | 0 | Andri Sigurdsson | 1991 | 00:29:34 | +12:44 | 00:29:17 | ||
| 17 | 0 | Gísli Arnarson | 1989 | Jónsímon | 00:31:40 | +14:50 | 00:31:23 | |
| 18 | 0 | Hafsteinn Þórðarson | 1991 | 00:32:19 | +15:29 | 00:31:57 | ||
| 19 | 0 | Eyþór Ernir Oddsson | 1991 | Þríkó | 00:32:39 | +15:49 | 00:32:14 | |
| 20 | 0 | Sverrir Ósmann Guðjónsson | 1991 | 00:35:52 | +19:02 | 00:35:33 | ||
| 21 | 0 | Hans Linnet | 1996 | 00:38:52 | +22:02 | 00:38:36 |