Skóð lætr skína rauðan
skjǫld, es dregr at hjaldri;
brúðr sér Aurnis jóða
ófǫr konungs gǫrva.
Sviptir sveiflankjapta
svanni holdi manna;
ulfs munn litar innan
óðlôt kona blóði;
ok óðlôt kona bloði.
Skóð lætr rauðan skjǫld skína, es dregr at hjaldri; brúðr jóða Aurnis sér gǫrva ófǫr konungs. Svanni sviptir holdi manna sveiflankjapta; óðlôt kona litar munn ulfs innan blóði; ok óðlôt kona bloði.
The troll-woman lets the red shield shine when it draws close to battle; the bride of Aurnir’s <giant’s> brood [GIANTS > GIANTESS] sees the king’s destined defeat at hand. The woman tosses men’s flesh to the grinding jaw; the raving female reddens the wolf’s mouth within with blood; and the raving female with blood.
[1] Skóð: ‘Skæð’ FskAˣ, ‘Sked’ Flat
[1] skóð ‘the troll-woman’: Both skóð (so Kˣ, 39, F, E, J2ˣ, Mork, H, Hr, Hb) and skœð (‘skæð’, ‘sked’; so FskAˣ, Flat) are hap. leg.