| Rank | BIB | Name | Year | Club | Split | Targets | Time | Chiptime | |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 85 | Guðgeir Sturluson | 1986 | Breiðablik | 00:47:27 (Virkjun) 01:28:55 (Snúningur) | 02:56:18.48 | 02:56:14 | ||
| 2 | 199 | Róbert Farestveit | 1985 | Breiðablik | 00:47:28 (Virkjun) 01:28:58 (Snúningur) | 02:56:22.47 | +00:04 | 02:56:17 | |
| 3 | 169 | Sveinbjörn J. Tryggvason | 1984 | HFR | 00:47:28 (Virkjun) 01:29:22 (Snúningur) | 03:04:16.24 | +07:58 | 03:04:05 | |
| 4 | 136 | Ólafur Aron Haraldsson | 1985 | Bjartur | 00:50:06 (Virkjun) 01:34:32 (Snúningur) | 03:09:55.82 | +13:37 | 03:09:53 | |
| 5 | 133 | Ragnar F. Magnússon | 1981 | Tindur | 00:48:01 (Virkjun) 01:34:40 (Snúningur) | 03:11:48.93 | +15:30 | 03:11:36 | |
| 6 | 176 | Birkir Friðfinnsson | 1982 | Breiðablik | 00:50:06 (Virkjun) 01:35:16 (Snúningur) | 03:20:29.84 | +24:11 | 03:20:18 | |
| 7 | 137 | Elmar Ari Jónsson | 1980 | Tindur | 00:58:03 (Virkjun) 01:43:19 (Snúningur) | 03:22:18.39 | +26:00 | 03:22:04 | |
| 8 | 165 | Birkir Baldvinsson | 1983 | Hjólreiðafélag Akureyrar | 00:49:28 (Virkjun) 01:35:43 (Snúningur) | 03:22:57.87 | +26:39 | 03:22:52 | |
| 9 | 174 | Jón Ingi Sveinbjörnsson | 1984 | Breiðablik | 00:47:27 (Virkjun) 01:29:57 (Snúningur) | 03:30:40.86 | +34:22 | 03:30:36 | |
| 10 | 106 | Putnoki Ferenc | 1988 | Ægir3 | 00:56:10 (Virkjun) 01:46:26 (Snúningur) | 03:32:44.67 | +36:26 | 03:32:30 | |
| 11 | 82 | Þorsteinn Ásgrímsson | 1985 | Breiðablik | 00:50:08 (Virkjun) 01:37:12 (Snúningur) | 03:32:48.06 | +36:30 | 03:32:37 | |
| 12 | 185 | Svanur Daníelsson | 1981 | Tindur | DNF |