Sax hefir þú, Ölvir, slík eru vápn færi,
bana veitti Bendli, barstu þat ór helli.
Brá ek hilmis sonum í hana líki;
forðaðak ykru fjörvi; fegri em ek nú hóti.
Þú hefir sax, Ölvir, færi vápn eru slík, veitti Bendli bana, barstu þat ór helli. Ek brá sonum hilmis í líki hana; forðaðak fjörvi ykru; ek em nú hóti fegri.
You have a sword, Ǫlvir, there are few weapons like it, it gave death to Bendill <giant>, you bore it out of a cave. I changed the sons of a king into the bodies of roosters; I saved your lives; now I am a little more beautiful.
[5-6] ek brá sonum hilmis í líki hana ‘I changed the sons of a king into the bodies of roosters’: This incident occurs much earlier in the saga, when Hjálmþér and Ǫlvir become lost in a storm and find themselves in a cave inhabited by a hostile giant. Skinnhúfa, who is also in the cave, disguises the heroes as roosters and then directs Hjálmþér to kill the giant with his own sword when he is asleep and gives that sword to Ǫlvir.