IqbalandSillearebestfriendsandhavealwayslivednextdoortoeachother.TheirstreetmustundergourbanregenerationandEaselmanandTheSwinewillunluckilybeinchargeoftheproject.FortheconstructionprojectisinfactacovertogettheirhandsontheoiltheyhavediscoveredbeneathBlågårdsgade.IqbalandSillemustnowfightagainstthevillainsandgetthemoneytobuybacktheirbuilding,sotheydon'thavetomoveawayfromeachother.WhenIqbaldiscoversachipwithmagicenergy,thekidsmanagetoconvinceEaselmanandTheSwinetobuythechipsotheycanreclaimtheirbuilding.Butthevillainsdeceivethechildren,andnowIqbal,Silleandthegrown-upsinBlågårdsgademustputineveryefforttoretrievethechipandexposethevillains'secretplan.

The13-year-oldIqbalisacharming,imaginativeandfunboy,which,accordingtohisfather,isnotenoughifoneistosucceedintheworld.ButwhenIqbal,hislittlebrotherTariq(11years)andtheirfriendSille,accidentallyblowuptheirschool,hisfatheristheslightestofhisproblems.Thetwocrooks,EaselmanandTheSwine,wanttogetholdoftherandomlyhomebrewedexplosiveandblowupTivolitobuildthebiggestparkingfacilityinScandinavia.ToblackmailthekidsfortherecipethetwocrookskidnaptheadorablelittlebrotherDindua(6years).ThehunttofreeDinduaandsaveTivolistarts-andthisrequirescooperation,courageandalotofimaginativeideas,whichIqbalisanexpertindelivering.