| # | Bib | Name | Club | Age | Pace | Final | |
|---|---|---|---|---|---|---|---|
| 1 | 65 | Sigurður S Nikulásson | Þríkó | 43 | 02:01/100m | 00:10:07 | |
| 2 | 1 | Albert Marzelíus Högnason | Riddarar Rósu | 56 | 02:31/100m | 00:12:33 | |
| 3 | 0 | Magnús Gunnarsson | Þríkó | 48 | 02:32/100m | 00:12:40 | |
| 4 | 0 | Rúnar Sigurðsson | Árbæjarskokk | 52 | 02:34/100m | 00:12:53 | |
| 5 | 0 | Eyþór Bergmannsson | 40 | 02:46/100m | 00:13:52 | ||
| 6 | 0 | Atli Þór Jakobsson | Gógrillur | 37 | 02:48/100m | 00:13:59 | |
| 7 | 0 | Harald Pétursson | Team Aspelund | 42 | 02:57/100m | 00:14:44 | |
| 8 | 0 | Jóhann Dagur Svansson | Riddarar Rósu | 45 | 02:59/100m | 00:14:58 | |
| 9 | 0 | Hinrik Jóhannsson | HFR | 42 | 03:02/100m | 00:15:09 | |
| 10 | 0 | Halldór Snorrason | Árbæjarskokk | 47 | 03:10/100m | 00:15:51 | |
| 11 | 0 | Hallgrímur Magnússon | 13 | 04:44/100m | 00:23:41 | ||
| 12 | 0 | Jón Erik Sigurðsson | Breiðablik | 12 | 04:44/100m | 00:23:42 |