| Rank | BIB | Name | Year | Club | Time | Chiptime | |
|---|---|---|---|---|---|---|---|
| 1 | Trausti Valdimarsson | 1957 | Ægir3 | 00:20:41 | 00:20:37 | ||
| 2 | Guðni Gíslason | 1957 | Hlaupahópur FH | 00:21:57 | +01:16 | 00:21:54 | |
| 3 | Hálfdán Daðason | 1959 | 00:21:59 | +01:18 | 00:21:55 | ||
| 4 | Ægir Magnússon | 1957 | íA | 00:22:41 | +02:00 | 00:22:32 | |
| 5 | Þröstur K. Sveinbjörnsson | 1959 | Laugavegshópur Sigga P. og Hlaup.is | 00:22:50 | +02:09 | 00:22:43 | |
| 6 | Magnús Ægir Karlsson | 1959 | 00:27:20 | +06:39 | 00:26:54 | ||
| 7 | Vöggur Clausen Magnússon | 1947 | Árbæjarskokk | 00:27:31 | +06:50 | 00:27:12 | |
| 8 | Heimir Aðalsteinsson | 1954 | Hlaupahópur F.H. | 00:28:31 | +07:50 | 00:28:03 | |
| 9 | Gunnar J. Geirsson | 1944 | Laugaskokk | 00:31:31 | +10:50 | 00:31:02 | |
| 10 | Árni Eggertsson | 1956 | Hlaupahópur Stjörnunnar | 00:33:54 | +13:13 | 00:33:29 | |
| 11 | Þorsteinn Ingimundarson | 1946 | Hlaupahópur FH | 00:34:56 | +14:15 | 00:34:25 |