| Rank | Name | Time | |
|---|---|---|---|
| 1 | Örvar Steingrímsson | 3:41/km | 6:42 |
| 2 | Bjarki Rúnarsson | 3:42/km | 6:45 |
| 3 | Hafsteinn Geirsson | 3:48/km | 6:56 |
| 4 | Björn Traustason | 3:55/km | 7:09 |
| 5 | Sigurjón Sturluson | 3:56/km | 7:11 |
| 6 | Geir Ómarsson | 3:58/km | 7:13 |
| 7 | Guðlaugur Egilsson | 4:02/km | 7:21 |
| 8 | Stephen Patrick Bustos | 4:05/km | 7:27 |
| 9 | Bjarki Diego | 4:08/km | 7:32 |
| 10 | Henning Ulfarsson | 4:10/km | 7:35 |
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