Kaldaljos (Cold Light) is a psychological drama about a man (Grimur) with a tragic past and problems with a current relationship with his art teacher (Linda.) But it is so much more than that. It is a truly beautiful film, which has amazing scenery and shows you the nature of the human psyche.
I would recommend it to anyone, especially if you enjoy icelandic films and have seen Falcons (also with Ingvar Sigurdsson.) I saw it last week at the Philadelphia Film Festival, and I was truly amazed. Plus, the directer (Hilmur Oddsson) was there and he did a Q&A. It was very exciting. See it if you have the chance, especially if it comes back to the US!!!