The Last Exploits of the Olsen Gang

The Last Exploits of the Olsen Gang

Year: 1974

Runtime: 96 mins

Language: Danish

Director: Erik Balling

ComedyFamilyCrime

Having finally reached their dream of living in Mallorca, the Olsen Gang finds themselves short of cash. Egon attempts to crack a restaurant safe to fund their lifestyle, but, as usual, his plan backfires and lands him in prison. Back in Denmark the gang reunites, and Egon unveils another elaborate scheme to pull off the ultimate heist.

Warning: spoilers below!

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Timeline – The Last Exploits of the Olsen Gang (1974)

Trace every key event in The Last Exploits of the Olsen Gang (1974) with our detailed, chronological timeline. Perfect for unpacking nonlinear stories, spotting hidden connections, and understanding how each scene builds toward the film’s climax. Whether you're revisiting or decoding for the first time, this timeline gives you the full picture.

1

Olsen Gang heads to Majorca after the heist

After their last heist, the Olsen Gang travels to Majorca with no money, the loot having been incinerated to hide it from the police. They hope for a fresh start or a new plan, but the lack of cash quickly compounds their troubles. The setting in Majorca also foreshadows new schemes and closer scrutiny from authorities back home.

Majorca, Spain
2

Egon tries to fund the group by robbing a local restaurant safe

Egon breaks into a local restaurant safe in Majorca to restart the gang's finances. His plan is undermined by his partners' inability to guard him effectively, and he is eventually caught by authorities. The setback foreshadows the dangers of working with unreliable allies.

Majorca
3

Egon is released and betrays the others

Back in Denmark, Egon is released from prison after some time. Kjeld and Benny await him, but he abandons them to pursue a new opportunity. He has been hired by Holm Hansen to open a Swiss-backed safe, signaling a dangerous new direction for the group.

Denmark
4

Egon accepts a job to open a safe in Switzerland

Egon is hired by stock broker Holm Hansen to open a safe in Switzerland belonging to his deceased associate. The assignment promises a hefty payoff and a chance to settle scores in a new way. The betrayal risk becomes a recurring theme as Egon steps further from the original gang.

Switzerland
5

Egon demands 25% and is double-crossed by a Swiss henchman

Egon asks for a 25% share of the safe's contents as payment for his work. Holm Hansen agrees, but his Swiss henchman betrays him, leaving Egon to the police. The double-cross highlights the precarious nature of cons and alliances in the map of the tale.

Switzerland
6

Egon escapes to Denmark and reunites with Benny and Kjeld

Egon escapes the Swiss trap and makes it back to Denmark, where he reunites with Benny and Kjeld. They return with a new plan to exact revenge and get payment for the earlier betrayal. The dynamic shifts as Egon strategic thinking dominates the path forward.

Denmark
7

The Bedford Diamonds surface and Holm Hansen sells them

The safe is revealed to hold the Bedford Diamonds, a priceless jewelry collection. Holm Hansen sells the diamonds to an Arabian Oil Sheikh for 15 million dollars, setting the stage for a new caper. The deal attracts law enforcement attention around the world.

Unknown location
8

Audacious theft using a boat, a bus and balloons

Using a boat, a bus, and one hundred balloons, the Gang orchestrates a daring heist to snatch the diamonds from the Sheikh's convoy. The operation unfolds under the noses of the Sheikh and his police escort. The victory is temporary, as schemes of revenge continue to unfold.

Coast/Harbor near the Sheikh's location
9

Egon's extortion plan foiled by Yvonne

Back in Denmark, Egon tries to extort 50% of the 15 million, but Yvonne has hidden the diamonds and swapped them for worthless souvenirs. The deception derails Egon's plan and exposes the vulnerability of their scheme. The diamonds' location becomes the key to the next moves.

Denmark
10

Bøffen is ordered to 'make Egon disappear'

Holm Hansen decides Egon is too dangerous and commands his henchman Bøffen to make him disappear. The threat of disappearance adds an ominous edge to the pursuit. The plan hints at later confrontations between the gangs.

Denmark
11

Egon is captured and nearly drowned, rescued by friends

Bøffen captures Egon and tries to drown him in the Copenhagen harbor. Benny and Kjeld arrive just in time to pull Egon from the water. The rescue rekindles their partnership and sets up the final confrontation.

Copenhagen harbor, Denmark
12

Final confrontation and switch at Holm Hansen's premises

Egon pretends to be a captive while Benny and Kjeld, disguised as police, confront Holm Hansen. They open his safe and replace the fifteen million dollars with the diamonds. Realizing he has been outmaneuvered, Holm Hansen is arrested, and the Gang escapes to Majorca with the loot.

Holm Hansen's premises, Denmark

Last Updated: October 09, 2025 at 09:32

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