Stormland tells the story of Böðvar "Böddi" Steingrímsson, an anti-establishment man who hates popular culture and idolizes certain characters from Icelandic sagas. He lives in the small town of Krókur with his overprotective mother, after having spent ten years studying philosophy in Germany. A series of mishaps befalls him as he struggles to adapt to his new life. He finds his mother dead in front of the television, gets fired from his teaching job, has a fight with a local business owner, is rejected by the woman he loves, and ends up killing his brother.