| Rank | Bib | Name | Year | Club | Split time | Time |
|---|---|---|---|---|---|---|
| 1 | 272 | Franz Friðriksson | 1988 | Utan félags | 01:49:08.6 | |
| 2 | 189 | Ólafur Friðrik Sigvaldason | 1989 | Utan félags | 01:57:38.3 | |
| 3 | 241 | Bjarki Sigurjónsson | 1989 | Utan félags | 02:10:17.2 | |
| 4 | 268 | Hilmar Ævar Hilmarsson | 1988 | HFR | 02:17:14.3 | |
| 5 | 276 | Arnar Þór Sævarsson | 1990 | Utan félags | 02:19:26.8 | |
| 6 | 201 | Kristinn Ásgeir Gylfason | 1991 | Utan félags | 02:25:59.6 | |
| 7 | 94 | Sigmundur Ísak Þorsteinsson | 1988 | Utan félags | 02:26:24.5 | |
| 8 | 307 | Gunnar Gylfason | 1989 | Utan félags | 02:37:35.8 | |
| 9 | 263 | Kristófer Gunnlaugsson | 1995 | Bjartur | DNF | |
| 10 | 290 | Benedikt Sigurleifsson | 1992 | Tindur | DNF |