| Rank | Name | Time | ||
|---|---|---|---|---|
| 1 | Börkur Smári Kristinsson | 43.2 km/h | 425 W | 2:59 |
| 2 | Björn Þór Hallgrímsson | 40.9 km/h | 243 W | 3:09 |
| 3 | Pétur Árnason | 37.9 km/h | 302 W | 3:24 |
| 4 | Loftur Þórunnarson | 37.0 km/h | 412 W | 3:29 |
| 5 | Magnús Kári Jónsson | 35.6 km/h | 457 W | 3:37 |
| 6 | Árni Már Jónsson | 35.3 km/h | 319 W | 3:39 |
| 6 | Kristinn Jón Arnarson | 35.3 km/h | 313 W | 3:39 |
| 6 | Þorvaldur Atli Björgvinsson | 35.3 km/h | - | 3:39 |
| 9 | Guðmundur R | 35.0 km/h | 339 W | 3:41 |
| 10 | Einar Valur Bjarnason | 34.6 km/h | 267 W | 3:43 |
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