| Rank | BIB | Name | Year | Club | NAT | Time | Chiptime | |
|---|---|---|---|---|---|---|---|---|
| 1 | 181 | Dilyan Kolev | 1988 | Tichane mu e maikata | BG | 00:40:45 | 00:40:42 | |
| 2 | 200 | Atli Sveinbjörnsson | 1987 | Billys | IS | 00:41:25 | +00:40 | 00:41:23 |
| 3 | 110 | Gísli Einar Árnason | 1974 | IS | 00:42:44 | +01:59 | 00:42:43 | |
| 4 | 111 | Einar Árni Gíslason | 2003 | SKA | IS | 00:43:13 | +02:28 | 00:43:11 |
| 5 | 82 | Þórleifur Stefán Björnsson | 1970 | UFA Eyrarskokk | IS | 00:43:41 | +02:56 | 00:43:40 |
| 6 | 196 | Heiðar Hrafn Halldórsson | 1986 | Hlaupahópurinn Skokki | IS | 00:44:00 | +03:15 | 00:43:57 |
| 7 | 161 | Róbert Þorvaldsson | 1978 | UFA Eyrarskokk | IS | 00:44:04 | +03:19 | 00:43:58 |
| 8 | 187 | Tómas Pétursson | 1972 | Hlaupahópurinn Skokki | IS | 00:44:40 | +03:55 | 00:44:38 |
| 9 | 185 | Hinrik Geir Jónsson | 1983 | IS | 00:44:46 | +04:01 | 00:44:44 | |
| 10 | 166 | Hinrik Rögnvaldsson | 1990 | IS | 00:45:53 | +05:08 | 00:45:49 | |
| 11 | 115 | Daníel Borgþórsson | 1975 | Skokki | IS | 00:46:04 | +05:19 | 00:46:00 |
| 12 | 186 | Jón Benjamín Halldóruson | 1983 | IS | 00:46:42 | +05:57 | 00:46:37 | |
| 13 | 85 | Grétar Ásgeirsson | 1970 | UFA Eyrarskokk | IS | 00:47:57 | +07:12 | 00:47:55 |
| 14 | 112 | Björgvin Sigurðsson | 1978 | Hlaupahópurinn Skokki | IS | 00:48:00 | +07:15 | 00:47:57 |
| 15 | 197 | Arnór Ragnarsson | 1987 | Hlaupahópurinn Skokki | IS | 00:49:32 | +08:47 | 00:49:22 |
| 16 | 91 | Eyjolfur M Kristinsson | 1976 | IS | 00:50:28 | +09:43 | 00:50:23 | |
| 17 | 148 | Kolbeinn Baldursson | 1991 | IS | 00:53:57 | +13:12 | 00:53:53 | |
| 18 | 105 | Jakob Sigurðsson | 1984 | IS | 00:54:48 | +14:03 | 00:54:42 | |
| 19 | 188 | Asgeir Brynjar Torfason | 1972 | IS | 00:55:51 | +15:06 | 00:55:48 | |
| 20 | 114 | Karl Sigurðsson | 1986 | Skokki | IS | 00:56:08 | +15:23 | 00:55:54 |
| 21 | 167 | Guðjón Jóhannesson | 1972 | IS | 00:56:14 | +15:29 | 00:56:05 | |
| 22 | 79 | Kristján Bergmann Sigurbjörnsson | 1977 | IS | 00:57:33 | +16:48 | 00:57:24 | |
| 23 | 157 | Þorsteinn Þór Jóhannesson | 1995 | Surtla | IS | 00:58:37 | +17:52 | 00:58:27 |
| 24 | 100 | Einar Þór Bjarnason | 1962 | IS | 00:58:54 | +18:09 | 00:58:46 | |
| 25 | 96 | Ingimundur Ingimundarson | 1980 | IS | 00:59:08 | +18:23 | 00:58:53 | |
| 26 | 147 | Terje Berg | 1972 | UFA Eyrarskokk | NO | 00:59:27 | +18:42 | 00:59:13 |
| 27 | 90 | Ari Hólm Ketilsson | 1990 | IS | 00:59:49 | +19:04 | 00:59:39 | |
| 28 | 103 | Unnar Ólafsson | 1989 | IS | 01:00:44 | +19:59 | 01:00:31 | |
| 29 | 108 | Birkir Kári Gíslason | 2007 | Hlaupahópurinn Kári | IS | 01:01:11 | +20:26 | 01:01:08 |
| 30 | 180 | Hennri Kirt | 1983 | IS | 01:01:11 | +20:26 | 01:01:00 | |
| 31 | 160 | Hólmsteinn Valdimarsson | 1986 | IS | 01:02:01 | +21:16 | 01:01:50 | |
| 32 | 113 | Ragnar Bjarnason | 1974 | IS | 01:03:14 | +22:29 | 01:02:55 | |
| 33 | 83 | Björn Orri Þórleifsson | 2005 | UFA Eyrarskokk | IS | 01:03:37 | +22:52 | 01:03:27 |
| 34 | 102 | Ólafur Guðmundsson | 1959 | IS | 01:03:42 | +22:57 | 01:03:28 | |
| 35 | 93 | Áskell Gíslason | 1971 | KA | IS | 01:07:55 | +27:10 | 01:07:42 |
| 36 | 170 | Þórður Guðmundsson | 1986 | Valur Reyðarfirði | IS | 01:10:56 | +30:11 | 01:10:37 |
| 37 | 182 | Kristján Sveinlaugsson | 1981 | IS | 01:11:11 | +30:26 | 01:10:59 | |
| 38 | 95 | Kristinn Björgúlfsson | 1981 | ÍR | IS | 01:11:50 | +31:05 | 01:11:38 |
| 39 | 151 | Kjartan Kjartansson | 1979 | IS | 01:12:04 | +31:19 | 01:11:30 | |
| 40 | 106 | Halldór S. Guðmundsson | 1959 | IS | 01:20:34 | +39:49 | 01:20:16 |