Hróðrbarni knák Hǫrnar
— hlutum dýran grip — stýra
(brandr þrymr gjalfrs á grandi)
gollvífiðu (hlífar).
Sáðs (berr sínar móður)
svans unni mér gunnar
fóstrgœðandi Fróða
(Freys nipt bráa driptir).
Knák stýra gollvífiðu hróðrbarni Hǫrnar; hlutum dýran grip; brandr gjalfrs þrymr á grandi hlífar. Fóstrgœðandi svans gunnar unni mér sáðs Fróða; nipt Freys berr driptir bráa móður sínar.
I possess the gold-wrapped glory-child of Hǫrn <= Freyja> [= Hnoss (hnoss ‘treasure’)]; we [I] received a precious treasure; fire of the surge [GOLD] rests on the harm of the shield [AXE/SWORD]. The provisions-increaser of the swan of battle [RAVEN/EAGLE > WARRIOR] gave me Fróði’s <legendary king’s> seed [GOLD]; Freyr’s <god’s> niece [= Hnoss (hnoss ‘treasure’)] bears the rain of eyelashes [TEARS] of her mother <= Freyja> [GOLD].
[8] Freys nipt bráa driptir: ‘Brꜳ dripter freys niptar’ 2368ˣ, ‘Bra̋dripter freys niptar’ 743ˣ