| Rank | BIB | Name | Year | Club | Time | |||
|---|---|---|---|---|---|---|---|---|
| 1 | 5854 | Brynjar Kristjánsson | 1974 | Breiðablik | 00:20:27 | 0 | ||
| 2 | 5888 | Arnar Garðarsson | 1971 | HHHC | 00:21:25 | +00:58 | 0 | |
| 3 | 5707 | Haraldur Haraldsson | 1967 | 00:21:59 | +01:32 | 0 | ||
| 4 | 649 | Hrólfur Gestsson | 1969 | 00:22:25 | +01:58 | 0 | ||
| 5 | 5739 | Guðjón Benfield | 1974 | Breiðablik | 00:23:11 | +02:44 | 0 | |
| 6 | 5786 | Magnús Guðnason | 1975 | Skokkhópur Fram | 00:23:14 | +02:47 | 0 | |
| 7 | 5803 | Júlíus Viðar Axelsson | 1973 | 00:23:44 | +03:17 | 0 | ||
| 8 | 5774 | Þorsteinn Andrésson | 1968 | 00:24:10 | +03:43 | 0 | ||
| 9 | 5717 | Sigurpáll Jóhannsson | 1974 | Hlaupahópur Bigga | 00:28:06 | +07:39 | 0 | |
| 10 | 5872 | Albert Þorbergsson | 1974 | Hlaupahópur Bigga / Laugaskokk | 00:28:06 | +07:39 | 0 | |
| 11 | 5708 | Birgir Hermannsson | 1970 | Hlaupahópur Bigga | 00:28:25 | +07:58 | 0 | |
| 12 | 5709 | Bjarki Guðmundsson | 1973 | Hlaupahópur Bigga | 00:29:07 | +08:40 | 0 | |
| 13 | 5731 | Savvas Koushiappas | 1971 | 00:30:27 | +10:00 | 0 | ||
| 14 | 5839 | Gunnar Þorri | 1968 | 00:30:56 | +10:29 | 0 | ||
| 15 | 5851 | Jón Gauti | 1971 | Hlaupahópur Bigga | 00:33:10 | +12:43 | 0 |