The trio Erik, Arne and Ingrid have been friends since childhood, the two boys always competing for the affection of Ingrid. At the naval academy Erik gets into a fistfight and is expelled, to instead become a captain of a trading ship. Before he leaves Ingrid and Erik are engaged in secret. Later, when Erik is believed to be lost at sea, Ingrid instead gets engaged with Arne.

• Sandrews
• Nils Kihlberg
• Karl-Arne Holmsten
• Anne-Margrethe Björlin
• Emil Fjellström
• Hugo Björne
• Wiktor Andersson
• Fritiof Billquist
• Gunnar Sjöberg