| Rank | Name | Time | |
|---|---|---|---|
| 1 | Þorsteinn Roy Jóhannsson | 3:59 /km | 3:56 |
| 2 | Stefán Pálsson | 4:06 /km | 4:03 |
| 3 | Grétar Örn Guðmundsson | 4:10 /km | 4:07 |
| 4 | jon gunnar | 4:17 /km | 4:14 |
| 5 | Halldór Hermann Jónsson | 4:20 /km | 4:17 |
| 6 | Agnar Darri Sverrisson | 4:26 /km | 4:22 |
| 7 | Guðlaugur Jónsson | 4:27 /km | 4:23 |
| 8 | Gylfi Steinn Guðmundsson | 4:29 /km | 4:25 |
| 9 | Thorbergur Jónsson | 4:36 /km | 4:32 |
| 10 | Guðni Siemsen Guðmundsson | 4:37 /km | 4:33 |
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