| Rank | Name | Time | |
|---|---|---|---|
| 1 | Kari Steinn Karlsson | 3:25 /km | 42:09 |
| 2 | Thorbergur Jónsson | 3:39 /km | 45:00 |
| 3 | Guðni Páll Pálsson | 3:39 /km | 45:03 |
| 4 | Kristján Svanur Eymundsson | 3:43 /km | 45:47 |
| 5 | Þorsteinn Roy Jóhannsson | 3:45 /km | 46:14 |
| 6 | Logi Ingimarsson | 3:49 /km | 47:05 |
| 7 | Vignir Lýðsson | 3:51 /km | 47:30 |
| 8 | Hlynur Gudmundsson | 3:54 /km | 48:09 |
| 9 | Hannes Jóhannsson | 3:57 /km | 48:39 |
| 10 | Valur Kristjánsson | 3:58 /km | 48:50 |
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