| Rank | Bib | Name | Year | Club | Country | Split | Time | Chiptime | |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 197 | Ivar Josafatsson | 1961 | Komaso | ISL | 00:26:09 | 00:26:08 | ||
| 2 | 246 | Víðir Þór Magnússon | 1964 | H.H. FH | ISL | 00:26:56 | +00:47 | 00:26:55 | |
| 3 | 132 | Helgi Sigurðsson | 1961 | Hlaupahópur Sigga P | ISL | 00:27:53 | +01:44 | 00:27:51 | |
| 4 | 73 | Arnar Jónssson | 1965 | Hlaupahópur Stjörnunnar | ISL | 00:28:55 | +02:46 | 00:28:50 | |
| 5 | 4 | Karl Rúnar Þórsson | 1967 | Skokkhópur Hauka | ISL | 00:29:26 | +03:17 | 00:29:22 | |
| 6 | 362 | Kjartan Sævarsson | 1968 | Laugaskokk | ISL | 00:29:44 | +03:35 | 00:29:43 | |
| 7 | 117 | Bjarni Ármannsson | 1968 | ISL | 00:29:55 | +03:46 | 00:29:48 | ||
| 8 | 30 | Guðgeir Magnússon | 1964 | Skokkhópur Álftaness | ISL | 00:30:32 | +04:23 | 00:30:28 | |
| 9 | 161 | Gudmundur Kristinsson | 1965 | Laugaskokk | ISL | 00:31:15 | +05:06 | 00:31:10 | |
| 10 | 31 | Friðþjófur Th. Ruiz | 1964 | Skokkhópur Álftaness | ISL | 00:31:26 | +05:17 | 00:31:14 | |
| 11 | 293 | Hringur Baldvinsson | 1966 | Hlaupahópur FH | ISL | 00:32:34 | +06:25 | 00:32:30 | |
| 12 | 75 | Kristinn S GUNNARSSON | 1959 | hlaupahópur HK | ISL | 00:32:55 | +06:46 | 00:32:50 | |
| 13 | 190 | Þorsteinn Andrésson | 1968 | ISL | 00:33:03 | +06:54 | 00:32:51 | ||
| 14 | 275 | Davíð Skúlason | 1964 | ISL | 00:33:19 | +07:10 | 00:33:16 | ||
| 15 | 449 | Jóhannes Jónsson | 1963 | CF sport | ISL | 00:34:29 | +08:20 | 00:34:12 | |
| 16 | 307 | Guðmundur Jónasson | 1960 | Hlaupahópur Mannvits | ISL | 00:34:53 | +08:44 | 00:34:45 | |
| 17 | 324 | Björn Oddsson | 1968 | Skagaskokk | ISL | 00:35:00 | +08:51 | 00:34:44 | |
| 18 | 121 | Einar Þór Jónsson | 1962 | Hlaupasamtök Lýðveldisins | ISL | 00:35:48 | +09:39 | 00:35:40 | |
| 19 | 7 | Hannes hauksson | 1966 | Árbæjarskokk | ISL | 00:35:54 | +09:45 | 00:35:48 | |
| 20 | 221 | Grétar Þórisson | 1964 | Víkingur | ISL | 00:36:04 | +09:55 | 00:35:46 | |
| 21 | 402 | Frank Bekker | 1963 | ISL | 00:37:16 | +11:07 | 00:36:48 | ||
| 22 | 12 | Þórður Eiríksson | 1959 | Skokkhópur Fram Grafarholti | ISL | 00:37:18 | +11:09 | 00:37:08 | |
| 23 | 87 | Ásmundur Kr. Símonarson | 1964 | Gylltu kettirnir | ISL | 00:37:29 | +11:20 | 00:37:05 | |
| 24 | 377 | Sigurjón Vilbergsson | 1967 | ISL | 00:37:30 | +11:21 | 00:37:23 | ||
| 25 | 82 | Páll Sigurðsson | 1962 | ISL | 00:38:01 | +11:52 | 00:37:47 | ||
| 26 | 92 | Atli Sturluson | 1966 | Hlaupahópur Breiðabliks | ISL | 00:38:12 | +12:03 | 00:38:02 | |
| 27 | 48 | Jóhann Unnsteinsson | 1959 | Grábræður | ISL | 00:38:26 | +12:17 | 00:37:49 | |
| 28 | 201 | Bjarni Þorbergsson | 1962 | ISL | 00:38:51 | +12:42 | 00:38:37 | ||
| 29 | 2 | Sigurður Sveinn Antonsson | 1967 | Skokkhópur Hauka | ISL | 00:39:34 | +13:25 | 00:39:08 | |
| 30 | 152 | Ómar B. Hansson | 1959 | Skokkhópur Álftanes | ISL | 00:39:37 | +13:28 | 00:39:18 | |
| 31 | 188 | Peter Ahlbrecht | 1966 | ISL | 00:39:37 | +13:28 | 00:39:17 | ||
| 32 | 404 | Gunnar Þorri | 1968 | ISL | 00:40:00 | +13:51 | 00:39:30 | ||
| 33 | 430 | Paul Johnson | 1967 | ISL | 00:40:50 | +14:41 | 00:40:35 | ||
| 34 | 27 | Gunnar Hjálmarsson | 1963 | Skokkhópur Fram Grafarholti | ISL | 00:40:54 | +14:45 | 00:40:29 | |
| 35 | 63 | Yngvi Óttarsson | 1968 | ISL | 00:41:53 | +15:44 | 00:41:15 | ||
| 36 | 151 | Sigurður Arnarson | 1967 | ISL | 00:43:53 | +17:44 | 00:43:35 | ||
| 37 | 333 | Árni Hannesson | 1964 | Hlaupahoóp Stjörnunar | ISL | 00:44:20 | +18:11 | 00:43:44 | |
| 38 | 254 | Jón Óskarsson | 1962 | ISL | 00:45:24 | +19:15 | 00:44:52 | ||
| 39 | 32 | G. Pétur Matthíasson | 1960 | ISL | 00:45:35 | +19:26 | 00:45:12 |