| Rank | Bib | Name | Year | Split | Time | Chiptime | |
|---|---|---|---|---|---|---|---|
| 1 | 459 | Ívar Trausti Jósafatsson | 1961 | 00:18:12 | 00:18:11 | ||
| 2 | 451 | Helgi Sigurðsson | 1961 | 00:18:43 | +00:31 | 00:18:42 | |
| 3 | 599 | Agnar Ágústsson | 1963 | 00:18:47 | +00:35 | 00:18:45 | |
| 4 | 513 | Rúnar Sigurðsson | 1964 | 00:19:51 | +01:39 | 00:19:48 | |
| 5 | 516 | Angel Martin | 1967 | 00:20:38 | +02:26 | 00:20:34 | |
| 6 | 471 | Gunnar Valdimar Árnason | 1963 | 00:21:52 | +03:40 | 00:21:45 | |
| 7 | 556 | Davið Skulason | 1964 | 00:22:03 | +03:51 | 00:21:59 | |
| 8 | 456 | Hjalti Sigurðarson | 1965 | 00:24:08 | +05:56 | 00:24:03 | |
| 9 | 613 | Kristján Valur Jónsson | 1966 | 00:24:40 | +06:28 | 00:24:31 | |
| 10 | 0527 | Benjamín Sigursteinsson | 1964 | 00:26:58 | +08:46 | 00:26:39 | |
| 11 | 327 | Kristján Gunnarsson | 1964 | 00:27:10 | +08:58 | 00:26:48 | |
| 12 | 349 | Gísli Þór Gíslason | 1961 | 00:27:58 | +09:46 | 00:27:41 | |
| 13 | 508 | Ingólfur Björnsson | 1963 | 00:28:56 | +10:44 | 00:28:35 | |
| 14 | 485 | Arnbergur Ásbjörnsson | 1963 | 00:36:33 | +18:21 | 00:36:26 |