| Rank | BIB | Name | Year | Club | Time | Chiptime | |
|---|---|---|---|---|---|---|---|
| 1 | Víðir Þór Magnússon | 1964 | Hlaupahópur FH | 00:18:41 | 00:18:39 | ||
| 2 | Magnús Harðarson | 1966 | 00:19:14 | +00:33 | 00:19:12 | ||
| 3 | Helgi Sigurðsson | 1961 | Hlaupahópur Sigga P | 00:19:23 | +00:42 | 00:19:21 | |
| 4 | Arnar Karlsson | 1969 | Hlaupahópur FH | 00:19:27 | +00:46 | 00:19:25 | |
| 5 | Friðrik Ó. Friðriksson | 1969 | Víkingur Rvk | 00:20:20 | +01:39 | 00:20:16 | |
| 6 | Hreiðar Ingi Júlíusson | 1966 | Skokkhópur Hauka | 00:20:23 | +01:42 | 00:20:17 | |
| 7 | Friðjón Ásgeir Daníelsson | 1967 | Hlaupahópur Ármanns | 00:21:06 | +02:25 | 00:21:00 | |
| 8 | Guðgeir Magnússon | 1964 | Skokkhópur Álftaness | 00:21:06 | +02:25 | 00:21:02 | |
| 9 | Páll Már Pálsson | 1965 | Skokkhópur Hauka | 00:21:33 | +02:52 | 00:21:27 | |
| 10 | Guðmundur Kristinsson | 1965 | Laugaskokk | 00:21:46 | +03:05 | 00:21:36 | |
| 11 | Helgi Harðarson | 1961 | Hlaupahópur FH | 00:21:59 | +03:18 | 00:21:54 | |
| 12 | Jón Gunnar Jónsson | 1961 | Hlaupahópur FH | 00:22:27 | +03:46 | 00:22:19 | |
| 13 | Helgi Kárason | 1968 | 00:22:31 | +03:50 | 00:22:20 | ||
| 14 | Þór Ómar Jónsson | 1967 | 00:23:01 | +04:20 | 00:22:51 | ||
| 15 | Gunnar Viðar Bjarnason | 1961 | Víkingur | 00:23:32 | +04:51 | 00:23:25 | |
| 16 | Pétur Örn Sigurðsson | 1967 | Laugaskokk | 00:23:38 | +04:57 | 00:23:30 | |
| 17 | Bjarki Andrew Brynjarsson | 1966 | 00:23:53 | +05:12 | 00:23:42 | ||
| 18 | Lúðvík Elíasson | 1969 | 00:24:06 | +05:25 | 00:23:58 | ||
| 19 | Davíð Björn Kjartansson | 1964 | 00:24:19 | +05:38 | 00:24:01 | ||
| 20 | Grétar Þórisson | 1964 | Víkingur | 00:24:27 | +05:46 | 00:24:16 | |
| 21 | Hafsteinn Viktorsson | 1965 | 00:25:11 | +06:30 | 00:24:51 | ||
| 22 | Hringur Baldvinsson | 1966 | 00:25:16 | +06:35 | 00:25:03 | ||
| 23 | Örn Tryggvi Johnsen | 1965 | Hlaupahópur fh | 00:25:47 | +07:06 | 00:25:32 | |
| 24 | Jón Magnússon | 1960 | Stjarnan | 00:27:24 | +08:43 | 00:27:03 | |
| 25 | Sigurður Sveinn Antonsson | 1967 | Skokkhópur Hauka | 00:27:54 | +09:13 | 00:27:39 | |
| 26 | Kristján Gunnarsson | 1964 | 00:28:19 | +09:38 | 00:27:58 | ||
| 27 | Ásgeir Gunnar Stefánsson | 1969 | 00:28:45 | +10:04 | 00:28:20 | ||
| 28 | Friðrik Pétursson | 1966 | Ármann | 00:29:07 | +10:26 | 00:28:52 | |
| 29 | Bergþór G. Böðvarsson | 1967 | Hlaupahópurin BARinn | 00:29:36 | +10:55 | 00:29:02 | |
| 30 | Þórarinn S Gestsson | 1960 | 00:30:42 | +12:01 | 00:30:14 | ||
| 31 | Jón Óskarsson | 1962 | Skokkhópur Hauka | 00:33:13 | +14:32 | 00:32:44 | |
| 32 | Sigurjón Ingvason | 1964 | Hlaupahópur Ármanns | 00:00 |