… við geira
galdr allvalda
hafs …
herr unni verr.
Þats of hilmi
harðráðan …
…
… var snarast.
… við galdr geira allvalda … hafs … herr verr unni. Þats of harðráðan hilmi … var snarast.
… at the incantation of spears [BATTLE] of the mighty rulers … of the ocean … the army defends with the sword. That is about the hard-ruling lord … was the bravest.