| Rank | BIB | Name | Year | Club | Split | Time | ||
|---|---|---|---|---|---|---|---|---|
| 1 | 1525 | Hlynur Guðmundsson | 1972 | HLAUPAR | 00:49:50 (12 KM) | 01:13:20 | ||
| 2 | 1703 | Helgi Rúnar Pálsson | 1979 | UFA-Eyrarskokk | 00:52:38 (12 KM) | 01:17:33 | +04:13 | |
| 3 | 1701 | Torben Gregersen | 1974 | 01:01:30 (12 KM) | 01:29:34 | +16:14 | ||
| 4 | 1567 | Jóhann Guðmundsson | 1985 | 01:02:08 (12 KM) | 01:30:48 | +17:28 | ||
| 5 | 1582 | Arnar Birgir Jónsson | 1983 | TKS | 01:03:04 (12 KM) | 01:32:22 | +19:02 | |
| 6 | 1526 | Björn Guðmundsson | 1975 | Hlaupahópur FH | 01:03:48 (12 KM) | 01:34:09 | +20:49 | |
| 7 | 1707 | Helgi Þór Hardarson | 1975 | Beikonklúbburinn Bjarni | 01:05:59 (12 KM) | 01:36:46 | +23:26 | |
| 8 | 1571 | Geir Gunnar Markússon | 1975 | Heilsugeirinn | 01:05:53 (12 KM) | 01:37:05 | +23:45 | |
| 9 | 1742 | Sigfús Helgi Helgason | 1977 | Hlaupahópur FH | 01:07:37 (12 KM) | 01:38:15 | +24:55 | |
| 10 | 1502 | Ingi Rúnar Árnason | 1981 | Flandri | 01:08:55 (12 KM) | 01:40:15 | +26:55 | |
| 11 | 1560 | Karl Gíslason | 1986 | 01:09:59 (12 KM) | 01:41:38 | +28:18 | ||
| 12 | 1549 | Daníel Bjarni Ingólfsson | 1982 | 01:12:27 (12 KM) | 01:44:18 | +30:58 | ||
| 13 | 1524 | Agnar Angantýsson | 1980 | 01:16:46 (12 KM) | 01:50:06 | +36:46 | ||
| 14 | 1539 | Karl Guðmundsson | 1974 | 01:15:03 (12 KM) | 01:51:55 | +38:35 | ||
| 15 | 1570 | Sigursteinn Guðlaugsson | 1986 | 01:18:42 (12 KM) | 01:57:59 | +44:39 | ||
| 16 | 1535 | Haukur Agnarsson | 1977 | Hlaupahópur FH | 01:25:10 (12 KM) | 02:08:34 | +55:14 | |
| 17 | 1538 | Davíð Thor Guðmundsson | 1981 | 01:26:44 (12 KM) | 02:09:10 | +55:50 | ||
| 18 | 1546 | Theodor Gislason | 1980 | 01:26:47 (12 KM) | 02:09:33 | +56:13 | ||
| 19 | 1548 | Jón Magnús Kristjánsson | 1973 | Hlaupahópur Víkings | 01:29:51 (12 KM) | 02:13:17 | +59:57 | |
| 20 | 1500 | Björn Jóhannesson | 1973 | TKS | 01:32:40 (12 KM) | 02:15:22 | +01:02:02 |