| Rank | BIB | Name | Year | Club | Time | Chiptime | ||
|---|---|---|---|---|---|---|---|---|
| 1 | 25 | Sveinn Margeirsson | 1978 | Einherji | 01:55:49 | 01:55:47 | ||
| 2 | 26 | Atli Steinn Sveinbjörnsson | 1987 | 02:03:16 | +07:27 | 02:03:14 | ||
| 3 | 38 | Egill Bjarni Gíslason | 2001 | Hlaupaklúbburinn Kári | 02:10:34 | +14:45 | 02:10:33 | |
| 4 | 39 | Einar Árni Gíslason | 2003 | Hlaupaklúbburinn Kári | 02:11:31 | +15:42 | 02:11:30 | |
| 5 | 44 | Einar Jóhann Geirsson | 1992 | Valur Skokk | 02:17:11 | +21:22 | 02:17:09 | |
| 6 | 3 | Ari Björn Jónsson | 1985 | 02:23:10 | +27:21 | 02:23:08 | ||
| 7 | 43 | Skúli Jóhannesson | 1963 | Stígandi | 02:32:00 | +36:11 | 02:31:59 | |
| 8 | 4 | Þröstur Már Pálmason | 1972 | Tröllin | 02:43:29 | +47:40 | 02:43:27 | |
| 9 | 45 | Arnar Geir Geirsson | 1998 | Valur Skokk | 02:44:28 | +48:39 | 02:44:26 | |
| 10 | 16 | Chris Wolffensperger | 1978 | 02:46:08 | +50:19 | 02:45:56 | ||
| 11 | 31 | Erlend Bergeng | 1988 | Sösknene Bergeng | 02:49:12 | +53:23 | 02:49:04 | |
| 12 | 21 | Egill Þorsteinsson | 1974 | Landvættir Egils | 02:52:06 | +56:17 | 02:51:53 | |
| 13 | 13 | Jón Ingvi Árnason | 1970 | SKA | 03:08:17 | +01:12:28 | 03:08:13 | |
| 14 | 29 | Asgeir Bergeng | 1994 | Sösknene Bergeng | 03:09:15 | +01:13:26 | 03:09:08 | |
| 15 | 19 | Sveinn Arnarsson | 1984 | 03:12:19 | +01:16:30 | 03:12:15 | ||
| 16 | 20 | Ari Hólm Ketilsson | 1990 | Fjallahlaupaþjálfun | 03:12:20 | +01:16:31 | 03:12:15 | |
| 17 | 36 | Pall Sigurjonsson | 1977 | Áfram Klara | 03:15:34 | +01:19:45 | 03:15:30 | |
| 18 | 8 | Birgir Lúðvíksson | 1988 | 03:17:20 | +01:21:31 | 03:17:12 | ||
| 19 | 30 | Baldvin Þór Bergsson | 1978 | 03:20:03 | +01:24:14 | 03:19:57 | ||
| 20 | 9 | Stefán H. Stefánsson | 1971 | 03:21:41 | +01:25:52 | 03:21:34 | ||
| 21 | 41 | Bjarni Sv. Guðmundsson | 1970 | Sundfélagið Hvolpur | 03:39:54 | +01:44:05 | 03:39:50 | |
| 22 | 24 | Árni Óðinsson | 1950 | Ska | 03:55:33 | +01:59:44 | 03:55:28 | |
| 23 | 46 | Jón Ævarr Sigurbjörnsson | 1963 | 04:12:01 | +02:16:12 | 04:11:51 | ||
| 24 | 27 | Halldór Halldórsson | 1965 | 04:12:28 | +02:16:39 | 04:12:17 |