Óli fœddi aldinn ara;
allvítt kveðk hans snilli fara;
eigi frák hann armlog spara;
auði gœddi drengi snara.
Víða hygg ek bragna bera
buðlungs nafn, þess’s saddi Gera;
hraustan spurðak vísa vera;
vôpnum kunni benjar skera.
Óli fœddi aldinn ara; kveðk snilli hans fara allvítt; eigi frák hann spara armlog; gœddi snara drengi auði. Víða hygg ek bragna bera nafn buðlungs, þess’s saddi Gera; spurðak vísa vera hraustan; kunni skera benjar vôpnum.
Óli fed the ancient eagle; I say that his prowess travels very widely; I did not hear that he spared the arm-flame [GOLD]; he enriched valiant warriors with wealth. Far and wide I believe men carry the name of the hero who sated Geri <wolf>; I heard that the ruler was courageous; he knew how to cut wounds with weapons.
 Óli: A variant form of Áli (see Hl 1941). The line is peculiar because it has three alliterating staves, but that occurs occasionally in regular hrynhent as well.
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