Wealthy, aging patriarch Thordur assembles his scattered heirs in his remote Icelandic fishing village to discuss the future of the family fishery. But bringing everyone together unleashes a storm of long-repressed dark family secrets.

A murder opens up a bleak trail of long buried secrets and small town corruption for a worn out police detective and his squad.

Trausti returns to Iceland just in time to be entangled in a family feud over a stranded whale-cadaver. His mother (the family head) is mortally wounded and Grim kills Erikur; the other clan leader. Isold, daughter of Erikur now takes his place. Isold and Trausti are attracted to each other, but Isold was promised to Hjoerleifur - the son of the Bishop (of Iceland) and his powerful wife. However, Isold has a plan...

Post-war provincial Iceland: around 1950, Freyja, who'd been a plump teen, returns from America, a widow with a 20-inch waist, seven suitcases of dresses, and a list of who ever wronged or slighted her. She moves in with an aunt and socialist uncle: finding a new husband is high on her agenda, and she's mistrusted by Agga, a pre-teen who's our eyes and ears. The social order and Freyja are more complicated than they seem at first, and so may be her prospects. Class divisions, families ties, pride, the onset of puberty, and the power of Eros sliver the ice.

Set in present-day Reykjavík, Fiasco draws a narrative circle of interconnecting stories in which three members of the Bardal household deal with the secret loves in their lives. Karl, an old age pensioner, is busy chasing after an amnesic old screen legend. Julia, Karl's granddaughter, is torn between a mediocre bank manager and a wild sailor, and tells them both she is pregnant. But is she really? Steingerdur, Julia's mother, has a wild crush on a preacher who has a serious drinking problem, and ends up with a dead stripper in his Jacuzzi. The characters cross each other as the film progresses, until the three interwoven strands of the story finally come together in an explosive and hilarious crescendo full of surprises.