Hi there,

"Utan í fjallinu er meltorfa ein, blásin mjög. Bakkar háir voru
umhvefis."


"Fjall": Mountain.
"Utan í" : At the Mountain foot.

"MelTorfa": Mel > "Möl" is gravel : knoll like, of gravel but some
grass at the top.
very winded: "mjög blásin"

The knoll has been shaped by the wind. The wind has blown away the
more sandy soil around it.

The (knoll)banks (like riverbanks) around were high(tall)

Hope this helps

Uoden