[2] auðmildr ‘wealth-generous one’: This is assumed here to be a substantival use of the adj., and a direct address to Knútr (as in Skald, and see NN §721A for Kock’s proposed parallels including Ótt Hfl 1/1). Skj B and ÍF 35 take auðmildr rather as an attributive adj. qualifying skreytir ‘adorner’.