Deildisk af, svát aldin
él grafninga þélar
gǫndlar Njǫrðr í Gǫrðum
gunnbráðr tíu háði.
Deildisk af, svát gunnbráðr Njǫrðr gǫndlar háði tíu aldin él þélar grafninga í Gǫrðum.
It fell out in such a way that the war-hasty Njǫrðr <god> of battle [WARRIOR = Rǫgnvaldr] brought about ten ancient blizzards of the file of graven shields [SWORD > BATTLES] in Russia.
[1] svát (‘sva at’): so Holm4, 325VII, 325V, Bb, 332ˣ, Flat, R702ˣ, svá́ Holm2, sem 321ˣ, 325III β, þvíat 61, ‘seri’ Tóm
[1] svát ‘in such a way that’: The reading of most mss, though not of main ms. Holm2, this links deildisk af ‘it fell out, happened’ with the succeeding l. of explanation; the Holm2 reading svá fails to do this.