| Rank | BIB | Name | Year | Club | Split | Targets | Time | Chiptime | |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 301 | Halldór Jónasson | 1965 | Utan félags | 00:48:22 (Virkjun) | 01:45:56.45 | 01:45:51 | ||
| 2 | 331 | Egill Reynisson | 1967 | Bjartur | 00:51:28 (Virkjun) | 01:53:28.72 | +07:32 | 01:53:24 | |
| 3 | 343 | Ari Konráðsson | 1968 | Utan félags | 00:50:57 (Virkjun) | 01:53:29.59 | +07:33 | 01:53:26 | |
| 4 | 342 | Örn Þór Alfreðsson | 1968 | Utan félags | 00:51:54 (Virkjun) | 01:55:14.51 | +09:18 | 01:55:09 | |
| 5 | 336 | Ísak J. Matthíasson | 1963 | Utan félags | 00:52:11 (Virkjun) | 01:59:17.26 | +13:21 | 01:59:06 | |
| 6 | 348 | Úlfar þórðarson | 1963 | Utan félags | 00:51:53 (Virkjun) | 02:02:43.17 | +16:47 | 02:02:33 | |
| 7 | 359 | Halldór Guðmundsson | 1961 | Utan félags | 00:57:36 (Virkjun) | 02:05:14.15 | +19:18 | 02:04:58 | |
| 8 | 356 | Pétur Bjarnason | 1969 | Utan félags | 00:57:36 (Virkjun) | 02:05:39.05 | +19:43 | 02:05:24 |