Mikill vinskapr var með þeim Hrana hring ok Helga krók, ok var hann oft með Helga. 

(There) was much friendship between them, Hrana "Ring" and Helgi "Peak," and he often stayed with Helgi.

Gaf Helgi honum marga ágæta gripi, meðal hverra var sax eitt, it bezta þing. 

Helgi gave him many captial things, among which  was one short-edged sword, the best valuable item. 

Nú líða svo fram tímar, at eigi bar til tíðenda.

Time now passes so forward, that news doesn't happen.