| Rank | BIB | Name | Year | Club | Split | Time | |
|---|---|---|---|---|---|---|---|
| 1 | 472 | Stefan Gudjonsson | 1971 | Team Reykjavik - Ullur | 00:51:36 (15KM) | 01:31:20 | |
| 2 | 457 | Helgi Reynir Árnason | 1979 | SÓ Elítan | 00:51:08 (15KM) | 01:31:31 | +00:11 |
| 3 | 454 | Hjalti Jónsson | 1972 | 00:51:16 (15KM) | 01:31:40 | +00:20 | |
| 4 | 441 | Kristján Hauksson | 1974 | SÓ | 00:51:13 (15KM) | 01:32:38 | +01:18 |
| 5 | 487 | Björn Traustason | 1971 | Team Reykjavík | 00:52:49 (15KM) | 01:33:26 | +02:06 |
| 6 | 426 | Sigvaldi B Magnússon | 1984 | SFS | 00:52:20 (15KM) | 01:37:34 | +06:14 |
| 7 | 440 | Kristófer Beck Elisson | 1984 | SÓ Elítan | 00:54:57 (15KM) | 01:40:06 | +08:46 |
| 8 | 413 | Þorvaldur Sveinn Guðbjörnsson | 1978 | SÓ | 00:56:37 (15KM) | 01:40:21 | +09:01 |
| 9 | 477 | Erwin van der Werve | 1974 | SKA | 00:58:38 (15KM) | 01:45:48 | +14:28 |
| 10 | 491 | Baldur Ingvarsson | 1980 | Ullur | 00:58:00 (15KM) | 01:45:49 | +14:29 |
| 11 | 468 | Róbert Ragnar Skarphéðinsson | 1974 | Völsungur | 00:59:31 (15KM) | 01:47:14 | +15:54 |
| 12 | 421 | Sverrir Jónsson | 1978 | 00:59:13 (15KM) | 01:48:15 | +16:55 | |
| 13 | 443 | Kristinn Halldórsson | 1972 | 01:06:43 (15KM) | 02:02:04 | +30:44 | |
| 14 | 481 | Einar Ingimundarson | 1974 | UFA Eyrarskokk | 01:11:36 (15KM) | 02:08:50 | +37:30 |
| 15 | 406 | Valdimar Halldórsson | 1973 | Völsungur | 01:17:28 (15KM) | 02:19:55 | +48:35 |
| 16 | 422 | Svanlaugur Jónasson | 1974 | 01:23:22 (15KM) | 02:31:33 | +01:00:13 |