"And I shall travel north, to Trollebotten
And free thy daughter from evil
So I shall take Olaf's ship
Which is called The Great Serpent"
Åsmund ran onto Olaf's boat,
The one known as The Great Serpent
They called on Torkild Adelfar's aid
Now, let the ship set sail
The oars and the golden vane
Guided them ashore
It was Åsmund Fregdegævar
He was about to embark on a journey off land
Then they hoist the silky sail
As high up as they could
They did not lower the sail
until they spotted Trollebotten
They cast their anchors down
On the white sand
It was Åsmund Fregdegævar
He was the first to set foot on land
some useful links :
http://en.wikipedia.org/wiki/Ormurin_Langi
http://en.wikipedia.org/wiki/%C3%85smund_Fr%C3%A6gdegjevar
http://www.forn-sed.no/folkesagn/folkesagn/folkeviser_kvad/3.shtml
Many thanks to lyricicianizer3000 who helped with this text :)
** see comments below and check out his profile **