| Rank | Name | Time | |
|---|---|---|---|
| 1 | Kari Steinn Karlsson | 3:25/km | 42:09 |
| 2 | Guðni Páll Pálsson | 3:39/km | 45:03 |
| 3 | Kristján Svanur Eymundsson | 3:43/km | 45:47 |
| 4 | Logi Ingimarsson | 3:49/km | 47:05 |
| 5 | Vignir Lýðsson | 3:51/km | 47:30 |
| 6 | Hlynur Gudmundsson | 3:54/km | 48:09 |
| 7 | Valur Kristjánsson | 3:58/km | 48:50 |
| 8 | Örvar Steingrímsson | 3:59/km | 48:59 |
| 9 | Sigurjón Sturluson | 3:59/km | 49:10 |
| 10 | Stefan Moller | 4:00/km | 49:18 |
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