Vargs vas munr, þats margan
— menskerðir stakk sverði
myrkaurriða markar —
minn dróttinn rak flótta.
Vas munr vargs, þats dróttinn minn rak margan flótta; menskerðir stakk myrkaurriða markar sverði.
It was the pleasure of the wolf that my lord put many to flight; the necklace-diminisher [GENEROUS MAN = Sigurðr] pierced the dark trout of the forest [SERPENT = Fáfnir] with the sword.
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