Ríkr es harra hneykir;
heldr goð jǫfurs veldi
sanndyggs; vitut seggir
Sveins brœðr konung œðra.
Hneykir harra es ríkr; goð heldr veldi sanndyggs jǫfurs; seggir vitut konung œðra brœðr Sveins.
The confounder of lords [RULER] is mighty; God supports the power of the truly loyal prince; men do not know a king superior to Sveinn’s brother [= Knútr Sveinsson].
[1] ríkr ‘mighty’: This adj. could have been chosen consciously as a reference to Knútr inn ríki ‘the Mighty’ Sveinsson (Cnut the Great, d. 1035), thus eulogising Knútr by establishing a tie to his famous relative and namesake.