| Rank | Bib | Name | Year | Nation | Split | Time | Chiptime | |
|---|---|---|---|---|---|---|---|---|
| 1 | 337 | Stefán Gíslason | 1957 | ISL | 29:30 | 29:27 | ||
| 2 | 599 | Trausti Valdimarsson | 1957 | ISL | 29:43 | +00:13 | 29:40 | |
| 3 | 458 | Jón Guðmundsson | 1954 | ISL | 32:43 | +03:13 | 32:41 | |
| 4 | 262 | Þorlákur Karlsson | 1954 | ISL | 34:14 | +04:44 | 34:07 | |
| 5 | 126 | Jón Ólafsson | 1953 | ISL | 34:29 | +04:59 | 34:19 | |
| 6 | 470 | Sigurbjörn Einarsson | 1952 | ISL | 35:31 | +06:01 | 35:11 | |
| 7 | 87 | Guðbrandur Magnússon | 1955 | ISL | 40:16 | +10:46 | 39:58 | |
| 8 | 57 | Sigurður Konráðsson | 1951 | ISL | 40:46 | +11:16 | 40:38 | |
| 9 | 18 | Ottó K ólafsson | 1950 | ISL | 41:34 | +12:04 | 41:23 | |
| 10 | 621 | Snorri G. Tómasson | 1954 | ISL | 47:59 | +18:29 | 47:52 |