Hafa lézt unga jǫfra
erfð, sem til réð hverfa;
satts, at sitja knátti
Sveinn at Danmǫrk einni.
Kennduð, Kalfr, til landa
kappfúsum Magnúsi
— olluð ér, þvís stillir
jǫrð of fekk — ór Gǫrðum.
Lézt unga jǫfra hafa erfð, sem réð hverfa til; satts, at Sveinn knátti sitja at Danmǫrk einni. Kalfr, kennduð kappfúsum Magnúsi til landa ór Gǫrðum; ér olluð, þvís stillir of fekk jǫrð.
You allowed the young prince [Magnús Óláfsson] to have the inheritance that came his way; it is true that Sveinn was able to rule only in Denmark. Kálfr, you conducted the spirited Magnús to his lands from Russia; you brought it about that the ruler gained the country.