Askeladd withdraws temporarily from the war against England. While searching for a new source of income, he encounters a skirmish among the Franks and hatches a plot to steal their treasure. Askeladd sends 16 years old Thorfinn, who has grown up into a cold-hearted Viking, ahead as a messenger.

Askeladd's army separates from the army of Denmark and attacks a village 100 km to the west. Thorfinn leaves the soldiers behind in disgust and climbs up a hill overlooking the village, where he pledges revenge for his father. However, he encounters Askeladd sitting in the darkness, who tells him about "Britannia", the aging of the world, and Ragnarok, the final battle.

Askeladd and his men continue their march to escape from Thorkell. However, their march comes to a halt at the Severn River. Askeladd hands a letter to an old man operating a ferry across the river and tells him to deliver the letter to the other side immediately. As soon as he hears the addressee’s name, the old man sets off in his boat.

Askeladd and his men change course and decide to return to Gainsborough, by crossing through the Earldom of Mercia in the midst of a harsh snowstorm, where the main army of Denmark awaits. The men spot a small village in the blizzard and make their move.

After losing Canute, Thorkell decides to halt his advance in central England. Thorkell hears that the end of the war between Denmark and England is near, and bemoans the end of the war. However, he later gets wind of an interesting piece of news.

Askeladd and his men are attacked by the English army in the village where they had planned to camp during the winter. Askeladd captures their captain and interrogates him to find out how the English knew where they were, and discovers that Thorkell is fast approaching. The news of Thorkell's arrival sends waves of shock among Askeladd's followers.

Askeladd's men continued their march to escape Thorkell. However, Torgrim and his friends were hatching a plot to switch sides and join Thorkell, taking Canute with them. Torgrim finally launches his rebellion and corners Askeladd, negotiating with him to hand over Canute, then Thorkell arrives in the midst of the confusion.

Thorfinn and Thorkell agree to have a duel over the fate of Askeladd. Thorkell looks forward to facing off against Thors’s son, Thorfinn, and asks him what a true warrior really is. Meanwhile, Canute is suddenly ambushed while he attempts to escape, and has a dream about a certain individual.

Thorfinn suffers a serious injury in his fight against Thorkell. Thorfinn is told to think about what he has to do to beat Thorkell. Askeladd treats Thorfinn’s wounds so that he may fight again someday, and proposes a joint strategy to help the two of them survive longer.

Thorfinn begins his duel against Askeladd with Canute and Thorkell as witnesses. However, Thorfinn is unable to strike as he stands overwhelmed by the extraordinary mood that overtakes Askeladd after Bjorn's departure. Having noticed Thorfinn's hesitation, Askeladd lays down his sword and provokes Thorfinn into an unarmed fight, which incites Thorfinn's fury.