| Rank | BIB | Name | Year | Club | Split | Time | Chiptime | ||
|---|---|---|---|---|---|---|---|---|---|
| 1 | 180 | Einar Ólafsson | 1962 | Ullur | 00:40:41 (1 hr.) | 01:21:35 | 01:21:34 | ||
| 2 | 259 | Birkir Stefánsson | 1968 | Team Trölli | 00:41:22 (1 hr.) | 01:24:43 | +03:08 | 01:24:43 | |
| 3 | 182 | Unnsteinn Jónsson | 1963 | SKA | 00:45:48 (1 hr.) | 01:37:01 | +15:26 | 01:36:59 | |
| 4 | 183 | Guðmundur Bj. Guðmundsson | 1962 | SKA | 00:50:35 (1 hr.) | 01:45:33 | +23:58 | 01:45:29 | |
| 5 | 241 | Sveinbjörn Sigurðsson | 1965 | Ullur | 00:53:30 (1 hr.) | 01:48:48 | +27:13 | 01:48:43 | |
| 6 | 277 | Eysteinn Einarsson | 1964 | Ullur | 00:53:26 (1 hr.) | 01:49:07 | +27:32 | 01:49:03 | |
| 7 | 159 | Gunnar Ásgeirsson | 1968 | 00:55:58 (1 hr.) | 01:53:44 | +32:09 | 01:53:39 | ||
| 8 | 152 | Vignir Pálsson | 1970 | SFÍ | 00:56:52 (1 hr.) | 01:57:37 | +36:02 | 01:57:27 | |
| 9 | 219 | Leifur Geir Hafsteinsson | 1970 | Breiðablik | 01:01:32 (1 hr.) | 02:02:33 | +40:58 | 02:02:26 | |
| 10 | 158 | Júlíus Gunnlaugsson | 1969 | 00:59:31 (1 hr.) | 02:05:23 | +43:48 | 02:05:16 | ||
| 11 | 213 | Helgi Helgason | 1962 | Skagaskokk | 01:03:52 (1 hr.) | 02:09:47 | +48:12 | 02:09:33 | |
| 12 | 264 | Erlendur Pálsson | 1966 | Landvættir | 01:06:56 (1 hr.) | 02:14:32 | +52:57 | 02:14:23 | |
| 13 | 196 | Jón Axelsson | 1963 | 01:04:33 (1 hr.) | 02:14:43 | +53:08 | 02:14:35 | ||
| 14 | 206 | Ingvar Júlíus Baldursson | 1961 | Ullur | 01:07:07 (1 hr.) | 02:17:05 | +55:30 | 02:16:55 | |
| 15 | 212 | Björn Oddsson | 1968 | 01:11:32 (1 hr.) | 02:24:25 | +01:02:50 | 02:24:12 | ||
| 16 | 262 | Oddur Kristjansson | 1962 | 01:11:12 (1 hr.) | 02:27:24 | +01:05:49 | 02:27:09 | ||
| 17 | 276 | Ástráður Haraldsson | 1961 | Landvættir | 01:16:41 (1 hr.) | 02:38:23 | +01:16:48 | 02:38:10 | |
| 18 | 235 | Þórarinn Ólafsson | 1970 | 01:04:48 (1 hr.) | 02:12:39 | +51:04 | 02:12:37 | ||
| 19 | 156 | Guðráður Sigurjónsson | 1963 | 01:12:58 (1 hr.) | 02:26:02 | +01:04:27 | 02:25:47 | ||
| 20 | 249 | Jón Óskar Sverrisson | 1969 | FÍ Landvættir 1/2 | 01:15:09 (1 hr.) | 02:33:31 | +01:11:56 | 02:33:29 | |
| 21 | 106 | Gunnlaugur Johannesson | 1965 | 01:17:48 (1 hr.) | 02:42:00 | +01:20:25 | 02:41:44 | ||
| 22 | 192 | Guðjón Gunnarsson | 1965 | FÍ Landvættir | 01:19:55 (1 hr.) | 02:46:45 | +01:25:10 | 02:46:23 | |
| 23 | 210 | Ketill Már Björnsson | 1963 | 01:20:21 (1 hr.) | 02:49:24 | +01:27:49 | 02:49:19 | ||
| 24 | 218 | Helgi Guðbjartsson | 1964 | FÍ - Landvættir | 01:23:49 (1 hr.) | 02:53:39 | +01:32:04 | 02:53:32 |