Erlingr vas svá at jarla
ôtt, es skjǫldungr máttit,
Ôleifs mágr, svát œgði,
aldyggs sonar Tryggva.
Næst gaf sína systur
snarr búþegna harri
(Ulfs feðr vas þat) aðra
(aldrgipta) Rǫgnvaldi.
Erlingr, mágr Ôleifs, aldyggs sonar Tryggva, vas svá at ôtt jarla, svát œgði, es skjǫldungr máttit. Næst gaf snarr harri búþegna aðra systur sína Rǫgnvaldi; þat vas aldrgipta feðr Ulfs.
Erlingr, brother-in-law of Óláfr, the very worthy son of Tryggvi, behaved in such a way against the kin of the jarls, that he terrified [them], which the king [Óláfr Tryggvason] could not. Next the keen chief of landowners [RULER = Óláfr] gave his other sister to Rǫgn valdr; that was the luck of his life for Úlfr’s father [= Rǫgnvaldr].