| Rank | Name | Time | ||
|---|---|---|---|---|
| 1 | Bjarki Sigurjónsson | 37.1km/h | 240W | 48:18 |
| 2 | Vignir Hafsteinsson | 37.1km/h | 375W | 48:20 |
| 3 | Pétur Jóhannes Óskarsson | 37.0km/h | 421W | 48:24 |
| 3 | Þorkell Guðmundsson | 37.0km/h | 266W | 48:24 |
| 5 | Hannes Bridde | 37.0km/h | 220W | 48:25 |
| 6 | Hjörtur A. | 37.0km/h | 248W | 48:26 |
| 7 | Björgvin Pálsson | 37.0km/h | 247W | 48:30 |
| 8 | Júlíus Örn Ásbjörnsson | 36.9km/h | 275W | 48:31 |
| 9 | Kjartan Örn Júlíusson | 36.9km/h | 183W | 48:33 |
| 9 | Pétur Þór Hall Guðmundsson | 36.9km/h | 185W | 48:33 |
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