| Rank | Name | Time | |
|---|---|---|---|
| 1 | Sigurður Örn Ragnarsson | 3:51 /km | 18:35 |
| 2 | Geir Ómarsson | 4:06 /km | 19:45 |
| 3 | Brynjar Örn Borgþórsson | 4:13 /km | 20:18 |
| 4 | Sigurður Tómas Þórisson | 4:13 /km | 20:21 |
| 5 | Stefan Saevarsson | 4:15 /km | 20:30 |
| 6 | Einar Sigurjónsson | 4:16 /km | 20:35 |
| 7 | Pétur Haukur Jóhannesson | 4:21 /km | 20:59 |
| 8 | Þorsteinn Jónsson | 4:25 /km | 21:15 |
| 9 | Ari Oddsson | 4:28 /km | 21:31 |
| 10 | Pétur Guðnason | 4:32 /km | 21:51 |
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