| Rank | Bib | Name | Year | Split | Time | Chiptime | |
|---|---|---|---|---|---|---|---|
| 1 | 46 | Gunnar Atli Friduson | 1975 | 01:37:49 | 01:37:47 | ||
| 2 | 49 | Ágúst Ævar Gunnarsson | 1976 | 01:40:05 | +02:16 | 01:40:02 | |
| 3 | 81 | Jón Haukur Steingrímsson | 1971 | 01:40:56 | +03:07 | 01:40:56 | |
| 4 | 53 | Þórir Magnússon | 1971 | 01:41:24 | +03:35 | 01:41:20 | |
| 5 | 163 | Ólafur Ragnar Helgason | 1976 | 01:41:54 | +04:05 | 01:41:53 | |
| 6 | 55 | Birgir Már Vigfússon | 1982 | 01:42:31 | +04:42 | 01:42:28 | |
| 7 | 95 | Einar Gunnar Guðmundsson | 1972 | 01:43:48 | +05:59 | 01:43:45 | |
| 8 | 47 | Hlynur Guðmundsson | 1972 | 01:44:16 | +06:27 | 01:44:12 | |
| 9 | 41 | Kristinn Ó Sigmundsson | 1972 | 01:45:20 | +07:31 | 01:45:15 | |
| 10 | 96 | Gauti Kjartan Gíslason | 1978 | 01:46:06 | +08:17 | 01:46:02 | |
| 11 | 92 | Gunnar v Gunnarsson | 1969 | 01:46:47 | +08:58 | 01:46:42 | |
| 12 | 168 | Sigurður Kiernan | 1969 | 01:49:28 | +11:39 | 01:49:23 | |
| 13 | 90 | Gunnar Stefansson | 1976 | 01:50:04 | +12:15 | 01:50:01 | |
| 14 | 20 | Kjartan Guðmundsson | 1972 | 01:52:04 | +14:15 | 01:51:57 | |
| 15 | 109 | Kjartan Sævarsson | 1968 | 01:52:35 | +14:46 | 01:52:30 | |
| 16 | 44 | Sigvaldi Kaldalóns | 1974 | 01:52:44 | +14:55 | 01:52:36 | |
| 17 | 15 | Ívar Jónsson | 1969 | 01:52:49 | +15:00 | 01:52:43 | |
| 18 | 19 | Haukur P Finnsson | 1968 | 01:53:33 | +15:44 | 01:53:29 | |
| 19 | 48 | Jóhann Helgi Sigurðsson | 1974 | 01:54:13 | +16:24 | 01:54:06 | |
| 20 | 98 | Helgi Þór Harðarson | 1975 | 01:56:00 | +18:11 | 01:55:46 | |
| 21 | 162 | Haukur Þór Lúðvíksson | 1973 | 01:57:38 | +19:49 | 01:57:32 | |
| 22 | 86 | Hallgrímur Kristján Beck | 1973 | 01:59:01 | +21:12 | 01:58:51 | |
| 23 | 9 | Nökkvi Pálmason | 1977 | 02:01:03 | +23:14 | 02:00:56 | |
| 24 | 119 | Trausti Gíslason | 1978 | 02:02:29 | +24:40 | 02:02:19 | |
| 25 | 134 | Ingvi Jónasson | 1973 | 02:04:00 | +26:11 | 02:03:50 | |
| 26 | 34 | Guðjón D Haraldsson | 1969 | 02:04:16 | +26:27 | 02:04:03 | |
| 27 | 171 | Elvar Arason | 1972 | 02:04:17 | +26:28 | 02:04:02 | |
| 28 | 100 | Friðleifur Friðleifsson | 1970 | 02:04:29 | +26:40 | 02:04:21 | |
| 29 | 88 | Einar Ingimundarson | 1974 | 02:04:57 | +27:08 | 02:04:43 | |
| 30 | 114 | Peter Roe | 1969 | 02:05:42 | +27:53 | 02:05:35 | |
| 31 | 108 | Guðmundur David Terrazas | 1982 | 02:05:57 | +28:08 | 02:05:45 | |
| 32 | 158 | Óskar Þór Þráinsson | 1980 | 02:11:46 | +33:57 | 02:11:22 | |
| 33 | 6 | Aðalsteinn Friðriksson | 1970 | 02:13:58 | +36:09 | 02:13:45 | |
| 34 | 132 | Andri Úlfarsson | 1978 | 02:14:15 | +36:26 | 02:14:03 | |
| 35 | 167 | Sigurður Halldór Sævarssson | 1968 | 02:15:23 | +37:34 | 02:15:13 | |
| 36 | 36 | Þórður Hjalti Þovarðarson | 1971 | 02:16:16 | +38:27 | 02:15:53 | |
| 37 | 91 | Steinar B. Hafberg | 1973 | 02:16:47 | +38:58 | 02:16:31 | |
| 38 | 97 | Elfar Bragason | 1981 | 02:17:07 | +39:18 | 02:16:32 | |
| 39 | 27 | Ragnar Þórðarson | 1977 | 02:17:42 | +39:53 | 02:17:27 | |
| 40 | 28 | Arnar Pálsson | 1977 | 02:19:49 | +42:00 | 02:19:34 | |
| 41 | 11 | Ingi Rúnar Árnason | 1981 | 02:20:43 | +42:54 | 02:20:14 | |
| 42 | 170 | Kristinn Jóhann Ólafsson | 1969 | 02:21:10 | +43:21 | 02:21:03 | |
| 43 | 1 | Axel Einar Guðnason | 1970 | 02:52:22 | +01:14:33 | 02:51:44 |