Herþengill gleðr hringum
hoddǫrr, sás rýðr odda,
bekksagnir; lætr bragna
bragningr gjǫfum fagna.
Norðmǫnnum gefr nenninn
Nóregs konungr stórum;
ǫrr es Engla þverrir.
Óláfr borinn sólu.
Hoddǫrr herþengill, sás rýðr odda, gleðr bekksagnir hringum; bragningr lætr bragna fagna gjǫfum. Nenninn konungr Nóregs gefr Norðmǫnnum stórum; þverrir Engla es ǫrr. …Óláfr borinn sólu.
The hoard-generous host-leader, who reddens spear-points, gladdens his benchmates with rings; the monarch lets his men rejoice in the gifts. The enterprising king of Norway [= Óláfr] gives lavishly to the Norwegians; the diminisher of the English [= Óláfr] is generous. Óláfr born [beneath] the sun….