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.

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Nils Kihlberg
Erik Svensson

Karl-Arne Holmsten
Arne Ramberg

Anne-Margrethe Björlin
Ingrid Peijer

Emil Fjellström
August Sjöberg

Hugo Björne
Naval commander Peijer

Wiktor Andersson
Boman

Fritiof Billquist
Captain Wall

Gunnar Sjöberg
Kärre

Artur Rolén
Hake