In the first part of the tale, a poor shoemaker finds his shoes being completed each morning when he hasn’t had time to finish them. He and his wife prosper from this additional labor, so they stay up one night to see what’s actually happening. They see two naked little elves working on the shoes, so out of pity they sew some clothes for the little elves. The elves decide not to work anymore now that they look so dashing, but the shoemaker and his wife continue to thrive. In the second part of the tale, a poor servant girl goes to be godmother to the elves, and enjoys the festivities under a hollow mountain. She parties for three days, which turns out to be seven years when she returns to the mortal realm. Those tricky elves and their time exchange. In the third part of the tale, elves steal a mortal baby and replace it with a shapeshifter. The mother’s advised to boil water in eggshells, which makes the shapeshifter laugh and reveal itself. The elves reappear with the mortal baby and switch them back before the mortal mommy notices the difference.