| (Music by Ivar Bjornson & Grutle Kjellson 1996) | |
| A war ruled in ancient times | |
| Between the holy races, the Vanirs and the Aces | |
| When peace came, the deities united | |
| From a bowl filled with spit rose Kvasir | |
| "Wise he becomes, he drinks the holy mead | |
| the blood of Kvasir, but not he who drinks | |
| from the spilled mead that dripped | |
| from the falcon" | |
| Kvasir the father of poets by dwarf hands he died | |
| From the blood of Kvasir they made the mead of poets, | |
| the holy drink | |
| Fjalar and Galar once murdered Gilling the Giant, | |
| the father of Suttung | |
| Enraged, Suttung demanded justice to be fullfilled | |
| The blood of Kvasir became the mead of Suttung | |
| Grimne flew out from Valhalla | |
| In the shape of the falcon | |
| To the home of Giants and to Nitberg | |
| Bauge was decived, and Gunnlod betrayed | |
| Out from Nitberg the falcon flew | |
| Finally Kvasir should return to Aasgard | |
| But when the mead disappeared Suttung became furious | |
| Out, in the shape of the eagle he followed | |
| Sadly, Grimne had to spill from his valuable treasure | |
| Which led to the making of the false poets | |
| The falcon flew home to his domains | |
| And Suttung flew into the flames of Tjalve |
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