| Rank | Bib | Name | Year | Club | Split time | Time |
|---|---|---|---|---|---|---|
| 1 | 61 | Ingvar Ómarsson | 1989 | Kría-Novator | 01:46:44.2 | |
| 2 | 72 | Birkir Snær Ingvason | 1990 | Tindur | 01:46:45.4 | |
| 3 | 60 | Kristjan Jakobsson | 1977 | Tindur | 01:54:37.8 | |
| 4 | 5 | Páll Elíssson | 1968 | Samhentir | 01:54:38.2 | |
| 5 | 51 | Jóhann Thorarensen | 1959 | Bjartur | 01:57:23.0 | |
| 6 | 40 | Helgi Hinriksson | 1972 | Bjartur | 01:58:05.5 | |
| 7 | 25 | Eyjólfur Guðgeirsson | 1992 | Tindur | 01:59:23.8 | |
| 8 | 23 | Reynir Magnússon | 1963 | HFR | 01:59:32.3 | |
| 9 | 22 | Birgir Gunnarsson | 1971 | Team Sensa | 01:59:47.1 | |
| 10 | 15 | Ómar Þór Sigvaldason | 1984 | Tindur | 02:00:18.0 | |
| 11 | 37 | Runólfur Sveinbjörnsson | 1974 | Tindur | 02:04:02.2 | |
| 12 | 62 | Einar Gunnar Karlsson | 1976 | HFR, Team Húsasmiðjan | 02:05:47.4 | |
| 13 | 59 | Eiríkur Ingi Kristinsson | 1970 | HFR/Team Sensa | 02:05:47.7 | |
| 14 | 26 | Ragnar Adolf Árnason | 1988 | Kria Racing | 02:05:50.8 | |
| 15 | 36 | Rúnar Bragason | 1972 | 02:07:52.1 | ||
| 16 | 18 | Birgir Hákon Valdimarsson | 1976 | Víkingur | 02:08:19.3 | |
| 17 | 29 | Guðmundur Ásgeirsson | 1968 | 02:08:20.8 | ||
| 18 | 56 | Gunnar Wedholm | 1975 | 02:08:31.5 | ||
| 19 | 8 | Guðfinnur Hilmarsson | 1976 | Víkingur | 02:09:23.8 | |
| 20 | 21 | Victor Þór Sigurðsson | 1969 | 02:09:31.7 | ||
| 21 | 52 | Sigurður Ólafsson | 1970 | 02:09:55.2 | ||
| 22 | 11 | Ragnar Ólafur Ragnarssom | 1968 | HFR | 02:10:31.5 | |
| 23 | 35 | Arnar Sigurbjörnsson | 1973 | Team Cintamani | 02:14:20.9 | |
| 24 | 44 | Sigurjòn Haraldsson | 1956 | Vìkingur | 02:14:21.4 | |
| 25 | 13 | Guðni Freyr Arnarsson | 1999 | HFR | 02:14:23.9 | |
| 26 | 6 | Óli Vilmundarson | 1973 | 02:17:52.2 | ||
| 27 | 65 | Eiríkur Ingi Jóhannsson | 1976 | Hfr | 02:18:49.7 | |
| 28 | 28 | Norbert Szuecs | 1980 | 02:18:52.4 | ||
| 29 | 33 | Almar Gunnarsson | 1988 | HFR | 02:18:53.5 | |
| 30 | 19 | Sigurður Kristinn Sigurðsson | 1984 | Gilsbakki | 02:18:57.7 | |
| 31 | 45 | Eyþór Eiríksson | 2001 | HFR/Team Sensa | 02:19:00.1 | |
| 32 | 58 | Arngrímur Fannar Haraldsson | 1976 | 02:19:04.5 | ||
| 33 | 71 | Sigurður Sveinbjörn Gylfason | 1970 | Trampólíni Scania | 02:19:15.5 | |
| 34 | 27 | Hlynur Hardarson | 1966 | Víkingur | 02:20:01.2 | |
| 35 | 31 | Daníel Guðbjartsson | 1973 | 02:23:10.3 | ||
| 36 | 10 | Anton Ingvason | 1977 | 3SH | 02:23:49.5 | |
| 37 | 49 | Axel Sigurðsson | 1979 | Hjólreiðafélag Selfoss | 02:23:50.3 | |
| 38 | 17 | Ingólfur Ágústsson | 1990 | UMFG | 02:24:04.7 | |
| 39 | 64 | Ólafur Bjarki Ágústsson | 1979 | 02:28:09.2 | ||
| 40 | 34 | Guðbjartur Stefánsson | 1969 | Fimman/CFR | 02:28:21.1 | |
| 41 | 41 | Símon Guðnason | 1984 | Bjartur | 02:28:49.1 | |
| 42 | 63 | Kristján Dan | 1974 | 02:29:04.7 | ||
| 43 | 53 | Gunnar Ingason | 1969 | Hlaupahópur Stjörnunnar | 02:29:11.4 | |
| 44 | 57 | Henning Arnór Úlfarsson | 1981 | Tindur | 02:37:18.3 | |
| 45 | 70 | Rémi Spilliaert | 1958 | Ægir | 02:40:07.5 | |
| 46 | 9 | Jón Björn Eysteinsson | 1961 | Víkingur | 02:52:01.4 | |
| 47 | 43 | Ragnar F. Valsson | 1971 | Víkingur | 02:53:30.6 | |
| 48 | 14 | Jón Gunnar Tynes Ólason | 1965 | Hlaupahópur Stjörnunnar | 02:55:15.9 | |
| 49 | 3 | Friðrik H Friðriksson | 1970 | 02:59:17.8 | ||
| 50 | 42 | Árni Már Einarsson | 1984 | Landasynir | 02:59:41.3 | |
| 51 | 32 | Árni Þór Ómarsson | 1976 | 03:01:18.7 | ||
| 52 | 7 | Helgi Sævar Hreinsson | 1966 | 03:29:32.0 | ||
| 53 | 66 | Torfi G Yngvason | 1981 | 03:30:23.5 | ||
| 54 | 20 | Valgeir Þórisson | 1961 | 03:55:20.3 | ||
| 55 | 50 | Jóhann Gunnar Böðvarsson | 1987 | 03:59:31.0 | ||
| 56 | 16 | Daníel Sveinsson | 1972 | Tindur | DNF | |
| 57 | 46 | Erla Björk Guðmundsdóttir | 1975 | Team Sensa | DNS |