| Rank | Bib | Name | Year | Club | Time | Chiptime | |
|---|---|---|---|---|---|---|---|
| 1 | 3914 | Ingvar Garðarsson | 1958 | HSK/Frískir flòamenn | 00:21:24 | 00:21:21 | |
| 2 | 3811 | Sigurður Pétur Sigmundsson | 1957 | Hlaupahópur Sigga P. | 00:21:32 | +00:08 | 00:21:30 |
| 3 | 3779 | Kolbeinn Bjarnason | 1958 | Laugavegshópur 2018 | 00:22:53 | +01:29 | |
| 4 | 2069 | Sigurður Konráðsson | 1953 | Hlaupahaupur Sigga P. | 00:24:06 | +02:42 | |
| 5 | 3685 | Kjartan Bragi Kristjánsson | 1952 | 00:24:09 | +02:45 | 00:24:01 | |
| 6 | 3689 | Davíð Björnsson | 1958 | Laugaskokk | 00:24:12 | +02:48 | 00:24:04 |
| 7 | 3515 | Jón Guðmundsson | 1954 | 00:25:18 | +03:54 | 00:25:07 | |
| 8 | 3714 | Sveinn K Baldursson | 1949 | Hlaupahópur FH | 00:25:24 | +04:00 | |
| 9 | 3613 | Þorvaldur Kristjánsson | 1949 | Laugaskokk | 00:25:30 | +04:06 | 00:25:23 |
| 10 | 2030 | Ágúst Sigurðsson | 1954 | 00:27:44 | +06:20 | 00:27:12 | |
| 11 | 3506 | Sigurður Ingvarsson | 1956 | Hlaupasamtök Lýðveldisins | 00:28:33 | +07:09 | 00:28:15 |
| 12 | 3730 | Gudbjartur Runarsson | 1958 | 00:28:51 | +07:27 | 00:28:27 | |
| 13 | 2084 | Gísli Hansen Guðmundsson | 1957 | 00:28:59 | +07:35 | 00:28:42 | |
| 14 | 3726 | G. Þröstur Einarsson | 1954 | 00:31:38 | +10:14 | 00:31:12 | |
| 15 | 3741 | Stefán Jóhann Stefánsson | 1957 | 00:32:24 | +11:00 | 00:31:55 | |
| 16 | 2154 | Þórarinn Eldjárn | 1949 | 00:32:50 | +11:26 | 00:32:21 | |
| 17 | 3553 | Haukur Gunnarsson | 1949 | 00:32:59 | +11:35 | 00:32:33 | |
| 18 | 2022 | Valdemar Gísli Valdemarsson | 1958 | 00:34:38 | +13:14 | 00:34:06 | |
| 19 | 2003 | Helgi Borgfjörð Kárason | 1958 | 00:52:11 | +30:47 | ||
| 20 | 3740 | Markús Sveinn Markússon | 1957 | Hlaupahópur Breiðabliks | DNF |