Kaup varð daprt, þars djúpan,
dróttinrækt, of sóttu,
þeir es, heim, á himnum,
hás elds, svikum belldu.
Dróttinrækt kaup varð daprt á himnum, þars of sóttu djúpan heim hás elds, þeir es belldu svikum.
The lord-rejecting bargain was dismal in the heavens, when they sought the deep world of towering flame [HELL], those who committed treason.
[4] belldu: heldi 75c, beldi 325V, heldu Bb, Flat