| Rank | Name | Time | |
|---|---|---|---|
| 1 | Þorsteinn Roy Jóhannsson | 3:24 /km | 6:58 |
| 2 | Halldór Hermann Jónsson | 3:34 /km | 7:20 |
| 3 | Thorbergur Jónsson | 3:43 /km | 7:37 |
| 4 | Gísli Helgason | 3:52 /km | 7:55 |
| 5 | Guðmundur Þ | 3:56 /km | 8:05 |
| 6 | Sölvi Snær Egilsson | 4:02 /km | 8:17 |
| 7 | Sigfinnur Björnsson | 4:10 /km | 8:33 |
| 8 | Josep Magnusson | 4:14 /km | 8:42 |
| 8 | Sigurjón Sturluson | 4:14 /km | 8:42 |
| 10 | Einar Njálsson | 4:25 /km | 9:04 |
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