| Rank | Bib | Name | Year | Split | Time | Chiptime | |
|---|---|---|---|---|---|---|---|
| 1 | 1211 | Þórir Magnússon | 1971 | 00:18:43 00:19:16 | 00:37:59 | 00:37:58 | |
| 2 | 1196 | Einar Eiríkur Hjálmarsson | 1972 | 00:19:29 00:18:57 | 00:38:29 | +00:30 | 00:38:26 |
| 3 | 1143 | Gunnar Stefánsson | 1976 | 00:19:14 00:20:10 | 00:39:25 | +01:26 | 00:39:23 |
| 4 | 1146 | Jón Örn Jónsson | 1976 | 00:19:33 00:20:25 | 00:40:01 | +02:02 | 00:39:58 |
| 5 | 1173 | Kjartan Sævarsson | 1968 | 00:20:39 00:21:08 | 00:41:49 | +03:50 | 00:41:46 |
| 6 | 1132 | Baldur Gunnlaugsson | 1969 | 00:20:33 00:22:11 | 00:42:49 | +04:50 | 00:42:44 |
| 7 | 1209 | Árni Leó Þórðarson | 1973 | 00:21:08 00:22:12 | 00:43:25 | +05:26 | 00:43:19 |
| 8 | 1136 | Friðrik Magnússson | 1970 | 00:21:39 00:23:26 | 00:45:09 | +07:10 | 00:45:05 |
| 9 | 1126 | Helgi Valur Georgsson | 1974 | 00:22:41 00:22:42 | 00:45:28 | +07:29 | 00:45:22 |
| 10 | 1155 | Valur Norðri Gunnlaugsson | 1973 | 00:22:07 00:23:25 | 00:45:36 | +07:37 | 00:45:31 |
| 11 | 1157 | Nökkvi Pálmason | 1977 | 00:22:37 00:23:03 | 00:45:47 | +07:48 | 00:45:40 |
| 12 | 1162 | Atli Gunnarsson | 1969 | 00:22:40 00:23:13 | 00:45:58 | +07:59 | 00:45:52 |
| 13 | 1215 | David C Finger | 1974 | 00:23:49 00:23:56 | 00:48:14 | +10:15 | 00:47:45 |
| 14 | 1119 | Bala Murughan Kamallakharan | 1973 | 00:23:21 00:24:52 | 00:48:21 | +10:22 | 00:48:12 |
| 15 | 1201 | Gunnar Þorgeirsson | 1968 | 00:24:01 00:24:40 | 00:48:51 | +10:52 | 00:48:41 |
| 16 | 1169 | Sigurður Jón Gunnarsson | 1971 | 00:24:26 00:25:50 | 00:50:25 | +12:26 | 00:50:15 |
| 17 | 1180 | Árni Ingvarsson | 1972 | 00:26:22 00:28:40 | 00:55:14 | +17:15 | 00:55:01 |
| 18 | 1212 | Magnús Pálmi Örnólfsson | 1971 | 00:27:30 00:27:47 | 00:55:40 | +17:41 | 00:55:16 |
| 19 | 1122 | Magnús Bjarklind | 1969 | 00:29:22 00:29:59 | 00:59:37 | +21:38 | 00:59:20 |
| 20 | 1151 | Haukur Snær Guðmundsson | 1971 | DNF |