Leyg rýðr ætt á ægi
Óláfs skipa sólar
(ylgr brunar hvatt) ins helga
(hrægjǫrn í spor ǫrnum).
Ætt ins helga Óláfs rýðr leyg sólar skipa á ægi; hrægjǫrn ylgr brunar hvatt í spor ǫrnum.
The kinsman of the holy Óláfr [NORWEGIAN KING] reddens the flame of the ships’ sun [SHIELD > SWORD] at sea; the corpse-eager she-wolf rushes fast in the track of eagles.
case: gen.