Some guesses:
"FáSkipt-inn": Few dealings (he the one): I reckon loner rather than
quiet describes the man as "þögull" is quiet.
StýriMann you name that on that steers (the rudder) or a Steerer ?
"Finnast fátt um" or show little interest
Býður: or invites
"Skyldur honum": related to him: connected by kinship or marriage.
"Skuldbundinn honum": bound to him by debt or obliged to him.
Válaði or misery (poverty) also seen as volæði
"Haldið sem sjálfan sig" : kept as him self (as the one were him
self)
Þetta bragð : This favor/treat (vinarBragð is favor of friend)
Hafa uppi á e-m: find the one you seek: here hafa uppi: was talked
about (in discussion)
"Og alþýðu rómur" : and the voice of the common people
At færi væri hans líkar: probably: færri væru hans líkar:
Fewer were in his likeness
"Fáir eru hans líkar" or Few are like him or few are similar to him.