Knútr verr grund sem gætir
Gríklands himinríki.
Knútr verr grund sem gætir Gríklands himinríki.
Knútr defends the land as the guardian of Greece [= God] [defends] the heavenly kingdom.
[1] grund ‘the land’: The word may refer to the earth generally, but more probably to Knútr’s realm in particular; Þórarinn in Glækv 9/4 uses the term to refer to Norway, as posthumously controlled by the saintly Óláfr Haraldsson.