| Rank | Name | Time | |
|---|---|---|---|
| 1 | Gunnar Marteinsson | 4:38/km | 10:21 |
| 2 | Sigurður Kiernan | 4:43/km | 10:32 |
| 3 | Birgir V. | 4:43/km | 10:33 |
| 4 | Reynir Jónsson | 4:52/km | 10:53 |
| 5 | Viktor Vigfusson | 4:55/km | 10:59 |
| 6 | Ásgeir Þórisson | 4:56/km | 11:02 |
| 7 | Guðmundur Olafsson | 5:03/km | 11:18 |
| 8 | Arnór Gauti Hauksson | 5:04/km | 11:20 |
| 9 | Arnór Hauksson | 5:06/km | 11:25 |
| 10 | Stefán Árnason | 5:10/km | 11:34 |
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