The film follows the infamous Olsen Gang as they plot to turn a clever dream of wealth into a reality. It opens with Egon Olsen getting detained after a botched attempt to rob a shop, while his partners, Kjeld Jensen and Benny Fransen, make a quick getaway. Once Egon is released, the trio hatches a plan to steal a gleaming golden statue valued at a staggering amount. What starts as a high-stakes scheme soon spirals into a tense cat-and-mouse game, where meticulous planning must contend with bad luck, vigilant authorities, and a few unexpected twists.
Their heist unfolds with careful steps and tight coordination, as they manage to lift the statue and move it toward an uncertain future. The escape is jeopardized when their car runs out of fuel on the way to the airport, and the vehicle—with the statue still inside—gets seized by the police. The relentless pursuit by Mortensen keeps the pressure high, forcing the gang to improvise under pressure. In a bold move to regain control, they reclaim the statue, but the road to safe keeping becomes more chaotic than anticipated, and they hide the statue in Kjeld’s daughter’s pram, a choice that sets off a new chain of events.
Now the chase shifts to a domestic front. Kjeld’s wife, Valborg Jensen, grows furious about the disruption and about leaving the airport unattended, and she seizes the pram in a moment of frustration. The gang races to retrieve it, with Mortensen and authorities hot on their heels, while Ulla becomes part of the unfolding drama as plans pivot and loyalties are tested. A tense confrontation follows as the gang closes in on reclaiming the pram, but Egon pulls away at a critical moment, delivering a speech that underscores their stubborn resolve even as the statue is not found where they expect.
In a surprising turn, Kjeld and Benny walk back home with the recovered pram, only to discover that the statue has vanished from its hiding place. Egon, enraged and frantic, chases after Yvonne, hoping to salvage the situation, while Kjeld faces the fallout of the ordeal. When the dust settles, it becomes clear that Yvonne never left for her mother and instead returns to Kjeld, leaving Benny to be picked up by Ulla. The pursuit culminates with Egon finally being caught by the police on a ferry where Yvonne was supposed to be waiting. The immediate danger passes, but the story jumps forward two years to show Egon’s release and the gang’s continued adventures—this time a lighthearted variance of crime as they aim to sell bananas outside the government building in Copenhagen, proving that their appetite for mischief persists even as circumstances change.
Overall, the film blends humor with crime in a way that showcases the gang’s stubborn camaraderie, the constant tension of near-capture, and a finale that leaves room for the next misadventure, all while maintaining a steady rhythm of clever schemes, narrow escapes, and the ever-present lure of a substantial payday.