| Rank | BIB | Name | Year | Club | Split | Targets | Time | |
|---|---|---|---|---|---|---|---|---|
| 1 | 3 | Rob P. M. Kamsma | 1981 | Breiðablik | 00:42:00 (Krýsuvíkurafleggjari) 02:25:07 (Krýsuvíkurafleggjari) | 02:58:04.60 | ||
| 2 | 86 | Hrafnkell Már Stefánsson | 1984 | Breiðablik | 00:41:59 (Krýsuvíkurafleggjari) 02:25:07 (Krýsuvíkurafleggjari) | 02:59:52.39 | +01:48 | |
| 3 | 12 | Róbert Farestveit | 1985 | Breiðablik | 00:42:00 (Krýsuvíkurafleggjari) 02:25:08 (Krýsuvíkurafleggjari) | 02:59:53.70 | +01:49 | |
| 4 | 10 | Elmar Orri Gunnarsson | 1988 | HFR | 00:41:59 (Krýsuvíkurafleggjari) 02:25:08 (Krýsuvíkurafleggjari) | 03:00:29.94 | +02:25 | |
| 5 | 8 | Baldur Gunnbjörnsson | 1980 | Tindur | 00:42:01 (Krýsuvíkurafleggjari) 02:25:10 (Krýsuvíkurafleggjari) | 03:00:36.53 | +02:32 | |
| 6 | 34 | Steinar Hugi Sigurðarson | 1985 | Breiðablik | 00:42:01 (Krýsuvíkurafleggjari) 02:25:19 (Krýsuvíkurafleggjari) | 03:01:48.02 | +03:44 | |
| 7 | 64 | Magnús Valgeir Gíslason | 1986 | Breiðablik | 00:42:00 (Krýsuvíkurafleggjari) 02:25:20 (Krýsuvíkurafleggjari) | 03:04:14.74 | +06:10 | |
| 8 | 43 | Sveinbjörn J. Tryggvason | 1984 | HFR | 00:42:02 (Krýsuvíkurafleggjari) 02:25:31 (Krýsuvíkurafleggjari) | 03:04:27.66 | +06:23 | |
| 9 | 119 | Svanur Daníelsson | 1981 | Tindur | 00:42:00 (Krýsuvíkurafleggjari) 02:25:46 (Krýsuvíkurafleggjari) | 03:06:07.21 | +08:03 | |
| 10 | 23 | Ólafur Aron Haraldsson | 1985 | Bjartur | 00:42:02 (Krýsuvíkurafleggjari) 02:31:10 (Krýsuvíkurafleggjari) | 03:09:25.23 | +11:21 | |
| 11 | 115 | Jón Hafsteinn Guðmundsson | 1980 | Tindur | 00:45:03 (Krýsuvíkurafleggjari) 02:36:00 (Krýsuvíkurafleggjari) | 03:12:35.41 | +14:31 | |
| 12 | 80 | Sigfús Axfjörð Sigfússon | 1981 | Víkingur | 00:45:03 (Krýsuvíkurafleggjari) 02:49:00 (Krýsuvíkurafleggjari) | 03:33:49.93 | +35:45 | |
| 13 | 200 | Haraldur Bergsson | 1980 | Tindur | 00:47:42 (Krýsuvíkurafleggjari) 02:49:39 (Krýsuvíkurafleggjari) | 03:37:50.75 | +39:46 | |
| 14 | 40 | Sævarður Einarsson | 1986 | Tindur | 00:47:41 (Krýsuvíkurafleggjari) 02:52:37 (Krýsuvíkurafleggjari) | 03:39:15.72 | +41:11 | |
| 15 | 128 | Þorsteinn Ásgrímsson | 1985 | Breiðablik | DNS | |||
| 16 | 129 | Guðgeir Sturluson | 1986 | Breiðablik | DNS |