| Rank | Bib | Name | Year | Club | Country | Split | Time | Chiptime | |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 26 | Yngvi Jósef Yngvason | 1976 | Drangey | ISL | 01:48:14 | 01:48:11 | ||
| 2 | 42 | Gunnlaugur Sigurðsson | 1972 | Bjartur | ISL | 01:49:41 | +01:27 | 01:49:37 | |
| 3 | 17 | Kristján Hauksson | 1974 | ISL | 01:53:35 | +05:21 | 01:53:31 | ||
| 4 | 33 | Hallgrímur Arnarson | 1976 | ISL | 01:56:17 | +08:03 | 01:56:15 | ||
| 5 | 41 | Sigurður Ingi Ragnarsson | 1974 | ISL | 01:57:43 | +09:29 | 01:57:40 | ||
| 6 | 2 | Arnar Sigurbjörnsson | 1973 | Afturelding | ISL | 02:06:26 | +18:12 | 02:06:21 | |
| 7 | 20 | Ragnar Páll Árnason | 1976 | ISL | 02:07:29 | +19:15 | 02:07:20 | ||
| 8 | 8 | Ingvar Guðjónsson | 1975 | ISL | 02:09:14 | +21:00 | 02:09:11 | ||
| 9 | 6 | Páll Sigurðsson | 1969 | Bjartur | ISL | 02:28:17 | +40:03 | 02:27:07 | |
| 10 | 35 | Þórhallur Másson | 1971 | HFA | ISL | 02:54:12 | +01:05:58 | 02:54:04 |