| 1 | Vignir Vatnar Stefansson | Grandmaster | 2540 ▲ 21 | 2442 ▼ 21 | 2610 ▲ 11 |
| 2 | Hedinn Steingrimsson | Grandmaster | 2502 | 2559 | 2590 |
| 3 | Johann Hjartarson | Grandmaster | 2467 ▼ 17 | 2405 | 2424 ▲ 43 |
| 4 | Henrik Danielsen | Grandmaster | 2466 ▼ 3 | 2528 | 2473 |
| 5 | Helgi Olafsson | Grandmaster | 2447 | 2496 | 2404 ▼ 13 |
| 6 | Helgi Ass Gretarsson | Grandmaster | 2420 ▲ 6 | 2373 | 2412 ▼ 19 |
| 7 | Hannes Stefansson | Grandmaster | 2419 ▼ 8 | 2440 | 2445 ▲ 14 |
| 8 | Jon Viktor Gunnarsson | International Master | 2414 ▼ 20 | 2414 | 2352 |
| 9 | Karl Thorsteins | International Master | 2407 ▲ 3 | - | 2387 |
| 10 | Jon L Arnason | Grandmaster | 2404 | 2421 | 2319 |
| 11 | Throstur Thorhallsson | Grandmaster | 2397 ▲ 9 | 2453 ▼ 10 | 2304 ▲ 29 |
| 12 | Gudmundur Kjartansson | Grandmaster | 2395 ▼ 25 | 2305 ▼ 1 | 2367 |
| 13 | Margeir Petursson | Grandmaster | 2393 ▲ 11 | 2334 | 2321 |
| 14 | Dagur Ragnarsson | International Master | 2388 ▲ 25 | 2379 ▼ 8 | 2341 ▲ 6 |
| 15 | Bragi Thorfinnsson | Grandmaster | 2370 ▼ 7 | 2362 | 2283 ▼ 4 |
| 16 | Aleksandr Domalchuk-Jonasson | International Master | 2359 ▼ 21 | 2335 ▲ 48 | 2315 ▲ 33 |
| 17 | Dagur Arngrimsson | International Master | 2356 ▼ 2 | 2387 | 2326 ▲ 37 |
| 18 | Magnus Orn Ulfarsson | FIDE Master | 2351 ▼ 3 | 2313 | 2313 |
| 19 | Bjorn Thorfinnsson | International Master | 2343 ▲ 8 | 2390 | 2396 ▼ 20 |
| 20 | Hilmir Freyr Heimisson | International Master | 2338 ▲ 35 | 2293 ▲ 10 | 2428 ▲ 8 |
| 21 | Bjorn-Ivar Karlsson | FIDE Master | 2329 | 2312 | 2330 |
| 22 | Birkir Isak Johannsson | FIDE Master | 2306 ▲ 46 | 2196 ▼ 1 | 2190 ▼ 47 |
| 23 | Sigurdur Sigfusson | FIDE Master | 2305 ▲ 5 | 2231 | 2142 ▼ 10 |
| 24 | Robert Lagerman | FIDE Master | 2299 ▼ 5 | 2258 ▲ 17 | 2187 ▼ 48 |
| 25 | Sigurbjorn Bjornsson | FIDE Master | 2279 ▲ 2 | 2310 ▼ 8 | 2269 ▲ 24 |
| 26 | Gudmundur Gislason | FIDE Master | 2274 ▲ 18 | 2267 | 2281 ▼ 21 |
| 27 | Jon Kristinn Thorgeirsson | FIDE Master | 2271 ▲ 1 | 2216 ▲ 9 | 2319 ▲ 8 |
| 28 | Orn Leo Johannsson | FIDE Master | 2265 ▼ 32 | 2248 ▲ 13 | 2368 ▼ 33 |
| 29 | Oliver Johannesson | FIDE Master | 2262 ▲ 6 | 2180 | 2248 ▼ 18 |
| 30 | Ingvar Thor Johannesson | FIDE Master | 2260 | 2315 ▲ 13 | 2372 |
| 31 | Bardur Orn Birkisson | FIDE Master | 2257 ▲ 36 | 2213 | 2199 ▲ 22 |
| 32 | Runar Sigurpalsson | FIDE Master | 2251 ▲ 7 | 2190 ▲ 11 | 2228 ▼ 8 |
| 33 | David Kjartansson | International Master | 2251 ▲ 2 | 2374 | 2320 |
| 34 | Andri A Gretarsson | FIDE Master | 2245 ▼ 16 | 2186 | 2048 |
| 35 | Benedikt Briem | Candidate Master | 2239 ▼ 6 | 2100 | 2171 ▲ 19 |
| 36 | Sigurdur P. Steindorsson | None | 2225 | 2256 | 2144 |
| 37 | Agust S Karlsson | FIDE Master | 2224 | - | 2216 ▲ 19 |
| 38 | Bjorn Holm Birkisson | Candidate Master | 2223 ▲ 23 | 2121 | 2216 ▲ 64 |
| 39 | Snorri Bergsson | FIDE Master | 2222 ▼ 15 | 2240 | - |
| 40 | Thorsteinn Thorsteinsson | FIDE Master | 2204 ▼ 17 | 2114 ▼ 33 | 2133 ▼ 42 |
| 41 | Kristjan Edvardsson | None | 2203 ▼ 11 | 2216 | 2168 |
| 42 | Simon Thorhallsson | FIDE Master | 2203 ▲ 11 | 2223 ▲ 42 | 2319 ▲ 56 |
| 43 | Heimir Asgeirsson | None | 2195 ▲ 2 | - | 2177 |
| 44 | Arnar Thorsteinsson | Candidate Master | 2192 ▼ 5 | 2182 | 2241 ▼ 22 |
| 45 | Asgeir T Arnason | None | 2178 ▲ 15 | 2177 | - |
| 46 | Pall A. Thorarinsson | FIDE Master | 2172 ▲ 13 | 2160 | 2207 ▼ 31 |
| 47 | Hlidar Hreinsson | None | 2170 ▼ 3 | 2237 | 2085 |
| 48 | Jon Thorvaldsson | None | 2169 | 2152 | 1983 |
| 49 | Olafur Thorsson | None | 2165 ▼ 3 | 2125 | 2187 ▼ 19 |
| 50 | Alexander Oliver Mai | Candidate Master | 2164 ▼ 7 | 2122 | 2121 ▲ 23 |
| 51 | Tomas Bjornsson | FIDE Master | 2163 ▼ 2 | 2187 | 2041 ▲ 2 |
| 52 | Markus Orri Oskarsson | None | 2159 ▲ 176 | 2027 ▲ 10 | 2225 ▲ 88 |
| 53 | Benedikt Jonasson | FIDE Master | 2157 | 2178 | 2219 |
| 54 | Mikael Johann Karlsson | None | 2157 ▲ 12 | 2027 | 2103 ▲ 33 |
| 55 | Stephan Briem | None | 2154 ▲ 7 | 2073 | 2236 ▲ 35 |
| 56 | Baldur Kristinsson | None | 2151 ▼ 5 | 2131 | 2060 |
| 57 | Johann Ingvason | None | 2150 ▲ 28 | 2099 ▼ 24 | 2119 ▲ 29 |
| 58 | Magnus P. Ornolfsson | Candidate Master | 2143 ▼ 33 | 2219 ▲ 9 | 2210 ▲ 6 |
| 59 | Hrafn Loftsson | None | 2138 ▼ 2 | 2161 ▼ 30 | 2105 ▼ 65 |
| 60 | Stefan Steingrimur Bergsson | None | 2138 ▼ 24 | 1992 | 2154 ▼ 34 |
| 61 | Halldor Gretar Einarsson | FIDE Master | 2137 ▼ 33 | 2085 ▲ 5 | 2158 ▲ 43 |
| 62 | Bjorgvin Viglundsson | None | 2137 ▲ 4 | 2149 | 2105 |
| 63 | Askell O Karason | International Master | 2135 ▲ 32 | 2170 ▲ 21 | 2129 ▲ 38 |
| 64 | Gauti Pall Jonsson | None | 2131 ▼ 2 | 2109 ▼ 7 | 2274 ▲ 12 |
| 65 | Petur Palmi Hardarson | None | 2128 ▼ 3 | 2019 | 1986 ▼ 1 |
| 66 | Oskar Bjarnason | None | 2121 ▲ 1 | - | - |
| 67 | Ingvar Wu Skarphedinsson | None | 2121 ▲ 16 | 2175 ▲ 90 | 2228 ▼ 26 |
| 68 | Andri Freyr Bjorgvinsson | None | 2118 ▼ 22 | 2007 | 2045 ▼ 2 |
| 69 | Stefan Freyr Gudmundsson | None | 2115 ▲ 12 | - | - |
| 70 | Stefan Th. Sigurjonsson | None | 2114 ▼ 5 | 2033 | 1994 ▼ 34 |
| 71 | Gunnar Bjornsson | None | 2114 ▲ 4 | 2060 | 2002 |
| 72 | Torfi Leosson | None | 2108 ▲ 19 | 1989 | 2090 ▲ 29 |
| 73 | Lenka Ptacnikova | Woman Grandmaster | 2106 ▼ 56 | 2140 ▲ 19 | 2091 ▲ 14 |
| 74 | Arnar Milutin Heidarsson | None | 2104 ▲ 4 | 2145 ▼ 31 | 2254 ▲ 84 |
| 75 | Andrey Prudnikov | None | 2103 ▼ 18 | 2073 | 2167 ▲ 63 |
| 76 | Arngrimur Gunnhallsson | None | 2101 ▼ 18 | - | 2101 |
| 77 | Gudmundur Halldorsson | Candidate Master | 2095 | 2195 | 2227 |
| 78 | Arnthor Einarsson | None | 2085 ▼ 3 | 2062 ▼ 4 | - |
| 79 | Halldor Halldorsson | Candidate Master | 2078 ▼ 36 | 2160 | 2164 |
| 80 | Josef Omarsson | None | 2078 ▲ 26 | 1990 ▼ 10 | 1915 ▼ 112 |
| 81 | Jon Kristinsson | None | 2077 ▲ 4 | - | 2083 |
| 82 | Thorvaldur Logason | None | 2076 ▲ 37 | - | - |
| 83 | Saeberg Sigurdsson | None | 2073 ▲ 12 | 2102 | 2112 ▲ 37 |
| 84 | Jon Arni Halldorsson | Candidate Master | 2072 | 2082 | 2002 |
| 85 | Sverrir Orn Bjornsson | None | 2071 ▼ 3 | 2118 | 2026 ▼ 3 |
| 86 | Jon Trausti Hardarson | Candidate Master | 2066 ▼ 5 | 1996 ▼ 30 | 2136 ▲ 63 |
| 87 | Bragi Halldorsson | None | 2061 ▲ 1 | 2033 | 2099 |
| 88 | Thorvardur Olafsson | None | 2053 ▼ 14 | 2099 ▲ 29 | 2043 ▲ 59 |
| 89 | Helgi Brynjarsson | None | 2048 ▼ 3 | 2007 | 2033 |
| 90 | Gudmundur Kristinn Lee | None | 2043 ▲ 17 | 1894 | 1953 |
| 91 | David Kolka | None | 2043 ▼ 26 | 2001 | 2206 ▲ 42 |
| 92 | Leifur Ingi Vilmundarson | None | 2042 | - | 2031 |
| 93 | Bjarni Jens Kristinsson | None | 2037 ▼ 10 | 2070 | - |
| 94 | Dagur Andri Fridgeirsson | None | 2037 ▲ 13 | 1936 | 2036 ▲ 13 |
| 95 | Hrannar Baldursson | None | 2035 ▼ 13 | 1996 | 2052 ▼ 11 |
| 96 | Mikael Bjarki Heidarsson | None | 2034 ▲ 84 | 1965 ▼ 34 | 1948 ▲ 24 |
| 97 | Gudmundur Dadason | None | 2032 ▼ 1 | 2007 | 1908 ▼ 26 |
| 98 | Gudmundur Sverrir Thor | None | 2029 ▲ 20 | 2025 | 2008 ▲ 3 |
| 99 | Gudrun Fanney Briem | Woman Candidate Master | 2026 ▲ 65 | 1984 ▼ 20 | 1930 ▼ 152 |
| 100 | Matthias Bjorgvin Kjartansson | None | 2023 | 1800 | 1877 |
