Vel hefr hefnt, en hafna
hjǫrs berdraugar fjǫrvi,
— folkrakkr, of vannt, fylkir,
framligt — Haraldr Gamla,
es dǫkkvalir drekka
dolgbands fyr ver handan
— roðin frák rauðra benja
reyr — Hôkunar dreyra.
Haraldr hefr vel hefnt Gamla, en berdraugar hjǫrs hafna fjǫrvi — folkrakkr fylkir, of vannt framligt —, es dǫkkvalir dolgbands drekka dreyra Hôkunar fyr handan ver; frák reyr rauðra benja roðin.
Haraldr has avenged Gamli well, and the bare logs of the sword [WARRIORS] give up life — battle-bold leader, you fought outstandingly —, when the dark falcons of the battle-god [= Óðinn > RAVENS] drink Hákon’s blood across the sea; I have heard that reeds of red wounds [SPEARS] were reddened.