| Rank | Name | YOB | Club | Split | Time | ||
|---|---|---|---|---|---|---|---|
| 1 | Páll Elísson | ISL | 1968 | Víkingur | 01:37:23 | ||
| 2 | Reynir Magnússon | ISL | 1963 | 01:44:46 | +07:23 | ||
| 3 | Ragnar Ragnarsson | ISL | 1968 | 01:46:11 | +08:48 | ||
| 4 | Halldór Halldórsson | ISL | 1963 | Bjartur | 01:51:52 | +14:29 | |
| 5 | Bjarni Óli Haraldsson | ISL | 1968 | 01:56:04 | +18:41 | ||
| 6 | Egill Reynisson | ISL | 1967 | Bjartur | 02:01:14 | +23:51 | |
| 7 | Oddur Ingason | ISL | 1963 | Hjólaþjálfun | 02:02:26 | +25:03 | |
| 8 | Sigurjón Magnússon | ISL | 1968 | 02:04:04 | +26:41 | ||
| 9 | Óskar Gunnarsson | ISL | 1966 | 02:06:37 | +29:14 | ||
| 10 | Guðbjartur Stefansson | ISL | 1969 | CFR Fimman | 02:09:53 | +32:30 | |
| 11 | Eiríkur Svanur Sigfússon | ISL | 1967 | 02:10:27 | +33:04 | ||
| 12 | Victor Gunnarsson | ISL | 1965 | 02:10:35 | +33:12 | ||
| 13 | Sigurður Hjartar Magnússon | ISL | 1964 | 02:12:10 | +34:47 | ||
| 14 | Bergur Heimir Bergsson | ISL | 1960 | 02:13:02 | +35:39 | ||
| 15 | Birkir Þór Jónasson | ISL | 1969 | 02:19:02 | +41:39 | ||
| 16 | Ragnar Gunnarsson | ISL | 1968 | 02:28:06 | +50:43 | ||
| 17 | Róland Ríkharður Assier | ISL | 1957 | 02:38:28 | +01:01:05 | ||
| 18 | Gunnar G. Gunnarsson | ISL | 1960 | 02:44:23 | +01:07:00 | ||
| 19 | Valgeir Þórisson | ISL | 1961 | 02:49:43 | +01:12:20 | ||
| 20 | Jón Björnsson | ISL | 1968 | Tindur | DNS |