Njǫrðr bar gull ór garði
grams, þess’s verðung framði.
Njǫrðr bar gull ór garði grams, þess’s framði verðung.
The Njǫrðr <god> carried gold out of the courtyard of the ruler who honoured the troop.
[1] Njǫrðr: Mǫrðr W
[1] Njǫrðr ‘the Njǫrðr <god>’: Probably used as the base-word for a man-kenning, the remainder of which belonged to now-lost lines. Ms. W’s reading Mǫrðr (a pers. n.) is also plausible, the variation no doubt arising from a confusion of <ni>/<m>. Björn Magnússon Ólsen (TGT 1884, 225) suggests that this stanza (taking W’s reading) deals with persons also mentioned in Njáls saga, in which a Mǫrðr Valgarðsson plays a prominent role. The subject-matter implied by the fragment is more suggestive of a royal encomium than Icelandic feud, however.