| Rank | Team | First exchange | Last exchange | Finish |
|---|---|---|---|---|
| 1 | Hjólabræður - JÁVERK | 0:46:34 | 39:42:03 | 40:13:26 |
| 2 | Team Samskip | 0:46:31 | 39:59:08 | 40:29:39 |
| 3 | ON | 0:45:55 | 39:59:18 | 40:31:26 |
| 4 | Landsbankinn hf. | 0:47:48 | 40:11:33 | 40:45:55 |
| 5 | Brammer Ísland | 0:43:58 | 40:11:30 | 40:45:55 |
| 6 | Airport Associates | 0:00:00 | 41:41:39 | 42:17:26 |
| 7 | Team Oddi | 0:48:34 | 41:58:29 | 42:28:43 |
| 8 | Jarðboranir | 0:00:00 | 41:58:30 | 42:28:52 |
| 9 | BYKO | 0:47:46 | 41:58:31 | 42:34:44 |
| 10 | Landsvirkjun | 0:45:55 | 42:04:32 | 42:38:16 |
| 11 | Tern Systems | 0:46:36 | 42:04:30 | 42:38:16 |
| 12 | Team OLÍS | 0:46:32 | 42:10:21 | 42:41:32 |
| 13 | Team Origo | 0:49:32 | 42:10:37 | 42:41:33 |
| 14 | Mannvit | 0:48:27 | 42:48:02 | 43:29:04 |
| 15 | Veitur | 0:49:49 | 42:47:59 | 43:29:04 |
| 16 | Sýn | 0:43:59 | 43:00:41 | 43:31:55 |
| 17 | Team Arkís | 0:46:36 | 43:00:41 | 43:31:55 |
| 18 | Hjólagarpar HSG | 0:51:29 | 43:21:23 | 43:52:09 |
| 19 | WOW labs | 0:48:53 | 43:21:47 | 43:54:56 |
| 20 | Decode X | 0:46:33 | 44:06:06 | 44:49:11 |
| 21 | R&R2 | 0:51:50 | 44:29:09 | 45:06:38 |
| 22 | SORPA - Heavy Metan | 0:52:48 | 45:07:55 | 45:42:46 |
| 23 | Team Eimskip | 0:46:33 | 45:01:04 | 45:42:59 |
| 24 | N1 Jaxlar | 0:56:17 | 45:01:10 | 45:43:07 |
| 25 | Borgun | 0:00:00 | 45:15:19 | 45:49:01 |
| 26 | Team Blue Lagoon | 0:56:03 | 45:32:30 | 46:09:28 |
| 27 | Meniga Cycling Club | 0:46:31 | 45:32:21 | 46:09:28 |
| 28 | ÍSOR | 0:46:33 | 46:40:10 | 47:28:14 |
| 29 | LS Retail | 0:55:31 | 46:40:10 | 47:28:15 |
| 30 | GJ Travel | 0:49:50 | 46:56:07 | 47:28:37 |
| 31 | TEAM REYKJAVÍK | 0:43:59 | 46:40:12 | 47:33:53 |
| 32 | Team HEKLA | 0:54:41 | 46:56:27 | 47:34:37 |
| 33 | Grettir | 0:50:31 | 47:16:07 | 47:48:55 |
| 34 | A4 | 0:52:46 | 47:16:09 | 47:49:21 |
| 35 | So, You Wanna do a Relay? | 0:55:39 | 53:52:04 | 54:42:17 |
| 36 | Saddlesaurus Wrecks | 0:55:00 | 55:00:30 | 55:45:21 |
| 37 | Expedia | 0:51:06 | 55:18:42 | 56:14:10 |
| 38 | Valitor | 0:43:59 | 0:00:00 | DNF |
| 39 | Team Pósturinn | 0:45:53 | 0:00:00 | DNF |
| 40 | Team Five Degrees | 0:00:00 | 0:00:00 | DNS |