The song begins with the piano. I prefer to start playing the guitar chords at around 00:32.

Intro:

Eb5 ? E5 * ? B5 ? Ab5 ? F#5 ? E5

Verse:

Eb5      E5 *
Brosandi
                  B5
hendumst ? hringi
     Ab5
h?ldumst ? hendur
      F#5
allur heimurinn ?sk?r
     E5
nema ?? stendur


Eb5      E5 *
rennblautur
      B5
allur rennvotur
          Ab5
engin g?mm?st?gv?l
        F#5
hlaupandi inn ? okkur
              E5
vill springa ?t ?r skel


N.C.    E5 * 
vindurinn
   B5              Ab5
og ?tilykt af h?rinu ??nu
              F#5
?g lamdi eins fast og ?g get
         E5
me? nefinu m?nu

Chorus:

B5         F#5
     hopp?polla
        E5       Eb5
? engum st?gv?lum
        B5                 F#5
allur rennvotur (rennblautur)
        E5       F#5
? engum st?gv?lum

Verse:

         Eb5      E5 *
og ?g f? bl??nasir
            Eb5        E5 *
en ?g stend alltaf upp


[Instrumental]  B5 ? Ab5 ? F#5 ? E5  (x2)


          Eb5      E5 *
og ?g f? bl??nasir
            Eb5        E5 *
en ?g stend alltaf upp

Outro:

[Instrumental] B5 ? Ab5 ? F#5 ? E5 (x4) Finnish on B5

______________________________________________________

Chords Used:
         Eb5      E5 *      B5     Ab5     F#5     E5 
E  | ------11------12------7------4------2------0------ | 
A  | ------13------14------(b9)-----6------4------1------ | 
D  | ------13------14------(b9)-----6------4------2------ | 
G  | ------11------13------8------4------3------2------ | 
B  | ------x-------x-------7------4------2------0------ | 
e  | ------x-------x-------7------4------2------0------ |