Norðr líkar þér alt at auka
yðvart vald um heiminn kalda,
— gegnir munu því fyrðar fagna —
fjörnis álfr, und leiðarstjörnu.
Þengill hefr þar annarr engi,
allvaldr, en þú ríki haldit;
lengra reiða þjóðir þangat
þína dýrð, en röðull skíni.
Þér líkar at auka vald yðvart, álfr fjörnis, um heiminn kalda, alt norðr und leiðarstjörnu; gegnir fyrðar munu fagna því. Engi annarr þengill en þú, allvaldr, hefr haldit ríki þar; þjóðir reiða dýrð þína þangat lengra, en röðull skíni.
It pleases you to increase your power, elf of the helmet [WARRIOR], around the cold world, all the way north under the North Star; reliable men will welcome that. No other prince but you, mighty ruler, has held power there; people will spread your glory in that direction further than the sun shines.
[2] um heiminn kalda ‘around the cold world’: Greenland became a Norw. dominion in the early 1260s and Iceland in 1262. The ‘cold world’ probably refers to Greenland rather than to Iceland, and is meant to show how far and wide Hákon’s kingdom stretched.