Lætr of ǫxl, sás útar,
aldrœnn, stendr á tjaldi,
sig-Freyr Svǫlnis Vára
slíðrvǫnd ofan ríða.
Eigi mun, þótt œgir
bríkruðr bǫðvar* jǫkla
beinrangr framar ganga.
Aldrœnn sig-Freyr, sás stendr útar á tjaldi, lætr slíðrvǫnd Svǫlnis Vára ríða ofan of ǫxl. Beinrangr bǫðvar* jǫkla bríkruðr mun eigi ganga framar, þótt œgir ǫrbeiðanda reiðisk.
The elderly battle-Freyr <= god> [WARRIOR] who stands further out on the tapestry lets his scabbard-wand of Svǫlnir’s <= Óðinn’s> Várs <goddesses> [VALKYRIES > SWORD] swing down from his shoulder. The bandy-legged tree of the plank of the glaciers of battle [(lit. ‘plank-tree of the glaciers of battle’) SWORDS > SHIELD > WARRIOR] will not go further forward even if the threatener of arrow-requesters [WARRIORS > WARRIOR] gets angry.
 bǫðvar* ‘of battle’: This emendation is first found (though not noted as such) in Orkn 1887.
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