Refsir reyndan ofsa
ráðgegn Haraldr þegnum;
hykk, at hilmis rekkar
haldi upp, þvís valda.
Sverðs hafa slíkar byrðar
— sanns nýtr hverr við annan —
— Haraldr skiptir svá heiptum —
hljótendr, es sér brjóta.
Ráðgegn Haraldr refsir þegnum reyndan ofsa; hykk, at rekkar hilmis haldi upp, þvís valda. Hljótendr sverðs hafa slíkar byrðar, es brjóta sér; hverr nýtr sanns við annan; Haraldr skiptir svá heiptum.
The purposeful Haraldr punishes his retainers for their proven arrogance; I think the prince’s warriors are paying for what they start. The possessors of the sword [WARRIORS] have such burdens as they break off for themselves; each gains what is right from the other; Haraldr deals out hostility in this way.