Ullar gengr of alla
asksǫgn, þess’s hvǫt magnar,
byrgis bǫðvar sorgar,
bergs grynnilô dverga.
Grynnilô bergs dverga gengr of alla asksǫgn Ullar sorgar byrgis bǫðvar, þess’s magnar hvǫt.
The shoal-wave of the rock of dwarfs [POEM] passes over the entire ship’s crew of the Ullr <god> of the sorrow of the fence of battle [SHIELD > SWORD > WARRIOR = Hákon], who increases boldness.
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