A remote fishing village in Iceland. Teenage boys Thór and Kristján experience a turbulent summer as one tries to win the heart of a girl while the other discovers new feelings toward his best friend. When summer ends and the harsh nature of Iceland takes back its rights, it's time to leave the playground and face adulthood.
Gunnar and Sonja are a married couple that had it all, money,love and a beautful daughter. But after the death of there daughter their world falls apart. To make things worse Gunnar is in the middle of a trial, being charged with illegal sales and purchase on behave of his company. When Gunnar and Sonja inherit Gunnar's niece Perla, the couple take on a weekend journey to pick up Perla, who is staying at a remote house in the Icelandic country side where she lost both of her parents in a horrible way. When Gunnar and Sonja arrive at the house strange things start to happen.
Ofeigur, the passed away father of Anna Sol walks again and starts to involve her life and her boyfriend, Ingi Brjann. The young couples are going to sell the house of the dead but Ofeigur is not very happy with that and tries to convince them not to do it. The intervention of the ghost is so irritating that Ingi Brjann tries to get him away by using methods from an old magic book.
The crew on board the fishing vessel Undercurrent RE 29 has become uncomfortably numb with its never ending routine of week long tours at sea. Then, during one dark and dreary night this routine is shaken to its foundation when one of the most solid crew members commits suicide. To fill his gap, a young woman takes his place on the next tour and gradually the fragile balance is tipped, and personal issues that should be left on the mainland cause dangerous friction between the crew members
The dentist Oscar has been married for five years and lives with his wife and adopted children. On the surface everything seems to be fine but Oscar is not a happy man. His wants a baby of his own flesh and blood but it's not working out. When he finds out that his wife has been deceiving him all these years he decides it's time for a change. Einar is a stockbroker who is very successful at work but not in his personal life. For the last couple of months Einar has been living at a hotel waiting for his wife to realize the terrible mistake she made by throwing him out. Katrin Rose returns from Sweden where she has lived for eight years. In Iceland Katrin has an eleven-year-old son, brought up by his grandmother and now Katrin wants him back. Katrin gets a job as a dentist's assistant intending to make a fresh start but her troubled past catches up with her.
Karitas is a single mother of four who desperately tries to make ends meet. Fighting a losing battle with her ex-husband for custody over her three daughters, she is oblivious to what’s going on with her twelve year old Gudmund, a victim of brutal bullying at school and whose life is on the fast track to destruction. Gudmund’s only friend in the world is Marinó, a schizophrenic in his fourties who lives with his mother in the same apartment building. When Marinó realizes that his mother has secretly been dating a stranger, Marinó starts to lose grip on reality.
Lawrence, an aging, lonely civil servant falls for Gina, an enigmatic young woman. When he takes her to the G8 Summit in Reykjavik, however, their bond is tested by Lawrence's professional obligations.