The young ice skating talent, Liesl, lands a part in a new Revue at the Palast Theatre simply because she is confused with someone else. In reality, the roll was to be awarded to Lu Panther, the untalented girlfriend of the theatre's owner, Wildner. After a series of accidents and little disasters, Wildner shuts down the theatre before the Revue can take place. But the Revue's director, Ernst Eder, decides shortly thereafter to present the Revue on an ice skating rink belonging to Liesl's uncle. After a successful run, at first at the Wiener Prater, the performers move on to Spain, Hungary, and a night club with a Jazz orchestra. The Revue becomes a huge success ... and, of course, Ernst and Liesl end up together, too.

A nostalgic story about life in and around a classic Vienna coffee house. The film is set in Imperial Vienna at the beginning of the twentieth century.