| Rank | BIB | Name | Year | Club | Time | ||
|---|---|---|---|---|---|---|---|
| 1 | 315 | Bjarni Ármansson | 1968 | TKS | 02:27:53 | ||
| 2 | 150 | Rúnar Sigurðsson | 1964 | Árbæjarskokk | 02:29:09 | +01:16 | |
| 3 | 125 | Hallgrímur Vignir Jónsson | 1969 | FÍ Landkönnuðir 2020 | 02:29:29 | +01:36 | |
| 4 | 103 | Anton Magnússon | 1966 | Skokkhópur HAUKA | 02:30:47 | +02:54 | |
| 5 | 333 | Halldór Jón Karlsson | 1969 | 02:38:42 | +10:49 | ||
| 6 | 154 | Skúli Jóhannesson | 1963 | Stígandi | 02:40:13 | +12:20 | |
| 7 | 145 | Rafnkell Jónsson | 1964 | Ungmennafélagið Hjalti | 02:40:59 | +13:06 | |
| 8 | 164 | Torfi Jóhannesson | 1969 | 02:43:27 | +15:34 | ||
| 9 | 144 | Pétur Valdimarsson | 1966 | Hlaupahópur Ármanns | 02:45:39 | +17:46 | |
| 10 | 142 | Pétur Guðmundur Broddason | 1965 | Landvættir | 02:52:46 | +24:53 | |
| 11 | 173 | Ómar Guðmundsson | 1966 | Landvættir | 02:52:53 | +25:00 | |
| 12 | 134 | Mikael Jóhann Traustason | 1967 | Landvættir | 03:01:08 | +33:15 | |
| 13 | 137 | Ólafur Ingólfsson | 1969 | Landvættir | 03:06:45 | +38:52 | |
| 14 | 101 | Andrés Jónsson | 1964 | Útiverur | 03:07:43 | +39:50 | |
| 15 | 140 | Páll Már Pálsson | 1965 | Skokkhópur Hauka | 03:09:39 | +41:46 | |
| 16 | 123 | Hakon Sigurhansson | 1964 | 03:14:03 | +46:10 | ||
| 17 | 153 | Sigvaldi Stefansson | 1967 | Landvættir | 03:15:21 | +47:28 | |
| 18 | 152 | Sigurgeir Sigurgeirsson | 1967 | Landvættir | 03:21:48 | +53:55 | |
| 19 | 129 | Jón Jóhann Þórðarson | 1970 | Hlaupahópur Breiðabliks | 03:22:38 | +54:45 | |
| 20 | 106 | Ástráður Haraldsson | 1961 | Landvættir | 03:28:48 | +01:00:55 | |
| 21 | 121 | Gunnar Sverrir Ásgeirsson | 1968 | 03:29:39 | +01:01:46 | ||
| 22 | 114 | Eyþór Sigfússon | 1970 | 03:34:13 | +01:06:20 | ||
| 23 | 157 | Stefan J Sveinsson | 1963 | Landvættir | 03:37:15 | +01:09:22 | |
| 24 | 151 | Rúnar Þór Bjarnþórsson | 1963 | 03:39:37 | +01:11:44 | ||
| 25 | 146 | Ragnar Antoniussen | 1967 | Náttúruhlaup | 03:40:11 | +01:12:18 | |
| 26 | 156 | Starri Heiðmarsson | 1969 | Umf. Æskan | 03:43:07 | +01:15:14 | |
| 27 | 160 | Sævar Þór Magnússon | 1964 | Landvættir | 03:48:57 | +01:21:04 | |
| 28 | 105 | Árni Gunnar Vigfússon | 1967 | Landvættir | 03:52:55 | +01:25:02 | |
| 29 | 117 | Guðjón Gunnarsson | 1965 | Landvættir | 04:08:11 | +01:40:18 | |
| 30 | 127 | Helgi Thor Gudbjartsson | 1964 | Landvættir | 04:10:46 | +01:42:53 | |
| 31 | 116 | Grétar Einarsson | 1963 | Landvættir | 04:11:24 | +01:43:31 | |
| 32 | 171 | Þröstur V. Söring | 1968 | Landvættir | 04:26:44 | +01:58:51 |