The first of 14 Olsen Gang films presents us with Egon Olsen, head of the gang, and his friends Benny and Kjeld, who want to become the best known gang in Denmark and eventually Europe by stealing a famous Bavarian work of art currently displayed in a Copenhagen museum. Although Egon's plan works out fine, there is only trouble ahead for the little gang.
When Egon Olsen gets out of Vridlose State Prision once again, his friends Benny and Kjeld do not want to know about his new ingenious plan: they are actually WORKING in a shop! Thus, he has to think of something else to get his hands on the money of some international gangster.
After his usual stay behind bars, Egon has another cunning plan involving millions. They rob over 4 million from a money transport. The gang keeps a low profile and hide the money. But it's stolen by "Kongen" and "Knægten", who immediately start living it up - in the penthouse suite at the Sheraton. The suitcase with the money changes hands several times, before Kongen's daughter takes of with all the money.
