| Rank | Bib | Name | Year | Club | Split | Time | Chiptime | |
|---|---|---|---|---|---|---|---|---|
| 1 | 0 | Jósep Magnússon | 1977 | Flandri | 00:17:44 | 00:17:44 | ||
| 2 | 0 | Magnús Þór Arnarson | 1971 | Hlaupahópur Sigga Pé | 00:18:45 | +01:01 | 00:18:43 | |
| 3 | 0 | Gylfi Örn Gylfason | 1976 | 3sh | 00:18:46 | +01:02 | 00:18:44 | |
| 4 | 0 | Páll Ólafsson | 1978 | 3sh | 00:18:48 | +01:04 | 00:18:46 | |
| 5 | 0 | Smári Rúnar Þorvaldsson | 1973 | Breiðablik | 00:19:23 | +01:39 | 00:19:21 | |
| 6 | 0 | Gauti Kjartan Gíslason | 1978 | Skokkhópur Álftaness | 00:19:38 | +01:54 | 00:19:36 | |
| 7 | 0 | Ingvi Jónasson | 1973 | Breiðablik | 00:19:39 | +01:55 | 00:19:37 | |
| 8 | 0 | Arnar Karlsson | 1969 | Hlaupahópur FH | 00:19:57 | +02:13 | 00:19:55 | |
| 9 | 0 | Árni Leó þórðarson | 1973 | Árbæjarskokk | 00:20:13 | +02:29 | 00:20:11 | |
| 10 | 0 | Birgir Rafn Birgisson | 1976 | 00:20:24 | +02:40 | |||
| 11 | 0 | Gunnar v Gunnarsson | 1969 | Flandri | 00:20:30 | +02:46 | 00:20:27 | |
| 12 | 0 | Sverrir H Sverrisson | 1978 | #N | 00:20:34 | +02:50 | 00:20:29 | |
| 13 | 0 | Börkur Þórðarson | 1978 | 3N | 00:20:39 | +02:55 | 00:20:34 | |
| 14 | 0 | Sigurður Fannar Ólafsson | 1970 | Skokkhópur Hauka | 00:20:48 | +03:04 | 00:20:45 | |
| 15 | 0 | Baldur Sæmundssn | 1973 | 3N | 00:20:56 | +03:12 | 00:20:51 | |
| 16 | 0 | Kristján Ólafur Eðvarðsson | 1973 | Siggi P | 00:20:59 | +03:15 | 00:20:55 | |
| 17 | 0 | Axel Einar Guðnason | 1970 | Hlaupahópur FH | 00:21:07 | +03:23 | 00:21:04 | |
| 18 | 0 | Sverrir Örn Björnsson | 1971 | Skokkhópur Álftaness | 00:21:27 | +03:43 | ||
| 19 | 0 | Torben Gregersen | 1974 | 3SH | 00:21:31 | +03:47 | 00:21:29 | |
| 20 | 0 | Elvar Örn Arason | 1972 | Rikk HÍ | 00:21:45 | +04:01 | 00:21:41 | |
| 21 | 0 | Óskar Guðjón Karlsson | 1974 | 00:21:49 | +04:05 | 00:21:46 | ||
| 22 | 0 | Sigfús Helgi Helgason | 1977 | Hlaupahópur FH | 00:21:55 | +04:11 | 00:21:48 | |
| 23 | 0 | Ívar Ísak Guðjónsson | 1972 | 00:22:01 | +04:17 | 00:21:50 | ||
| 24 | 0 | Árni Birgisson | 1970 | 00:22:09 | +04:25 | 00:22:00 | ||
| 25 | 0 | Friðrik Þór Erlingsson | 1975 | Víkingur | 00:22:26 | +04:42 | 00:22:21 | |
| 26 | 0 | Þorsteinn Magnússon | 1971 | Hlaupahópur Stjörnunnar | 00:22:43 | +04:59 | 00:22:29 | |
| 27 | 0 | Hlynur Skagfjörð Pálsson | 1970 | Hlaupahópur Ármanns | 00:22:47 | +05:03 | 00:22:43 | |
| 28 | 0 | Gísli Vilberg Hjaltason | 1972 | Valur skokk | 00:22:54 | +05:10 | 00:22:44 | |
| 29 | 0 | Bjarni Skúlason | 1978 | 00:22:58 | +05:14 | 00:22:49 | ||
| 30 | 0 | Sigurður Jón Gunnarsson | 1971 | Valur skokk | 00:23:06 | +05:22 | 00:22:55 | |
| 31 | 0 | Steinn Óskar Sigurðsson | 1975 | Hlaupahópur Breiðabliks | 00:23:09 | +05:25 | 00:23:02 | |
| 32 | 0 | Jón Örlygsson | 1974 | Víkingur | 00:23:11 | +05:27 | 00:23:05 | |
| 33 | 0 | Gunnar J. Scott | 1976 | Flandri | 00:23:19 | +05:35 | 00:23:10 | |
| 34 | 0 | Þórir Jónsson | 1977 | ET | 00:23:30 | +05:46 | 00:23:27 | |
| 35 | 0 | Pétur Fannar Hjaltason | 1977 | Valur skokk | 00:23:47 | +06:03 | 00:23:34 | |
| 36 | 0 | Valur Bjarni Valsson | 1970 | 00:23:56 | +06:12 | 00:23:49 | ||
| 37 | 0 | Rafn Heiðar Ingólfsson | 1975 | Skokkhópur Hauka | 00:23:59 | +06:15 | 00:23:42 | |
| 38 | 0 | Baldvin A Baldvinsson Aalen | 1974 | Breiðablik | 00:24:34 | +06:50 | 00:24:23 | |
| 39 | 0 | Aðalsteinn M Aðalsteinsson | 1970 | 3N | 00:24:35 | +06:51 | 00:24:27 | |
| 40 | 0 | Sigurður Andri Sigurðsson | 1970 | 00:24:39 | +06:55 | 00:24:24 | ||
| 41 | 0 | Sigurður Benediktsson | 1969 | Víkingur | 00:25:21 | +07:37 | 00:25:13 | |
| 42 | 0 | Helgi Áss Grétarsson | 1977 | Valur Skokk | 00:25:22 | +07:38 | 00:25:09 | |
| 43 | 0 | Jens Óli Jensson | 1974 | 3N | 00:25:26 | +07:42 | 00:25:18 | |
| 44 | 0 | Guðmann Bragi Birgisson | 1970 | Hlaupahópur Ármanns | 00:25:52 | +08:08 | 00:25:36 | |
| 45 | 0 | Kristinn Jóhann Ólafsson | 1969 | Hlaupahópur Breiðabliks | 00:26:05 | +08:21 | 00:25:53 | |
| 46 | 0 | Sigurgeir Hlíðar Sigurjónsson | 1973 | 00:28:10 | +10:26 | 00:27:48 | ||
| 47 | 0 | Kjartan Már Másson | 1970 | 00:28:24 | +10:40 | 00:28:09 | ||
| 48 | 0 | Gudbjartur Magnusson | 1977 | Hlaupahópur FH | 00:29:00 | +11:16 | 00:28:37 | |
| 49 | 0 | Guðlaugur Jón Gunnarsson | 1972 | 00:31:51 | +14:07 | 00:31:33 | ||
| 50 | 0 | Ægir Emilsson | 1969 | 3N/Icelandair | 00:32:21 | +14:37 | 00:31:55 |