Translation

Timm Vladimir & Gordon Kennedy were big stars in Denmark at the time of the making of this movie. (Some say they still are, but I think they're past their prime).
And the characters "Jim & Morten" were spoofs of themselves, only more stupid.

So I guess the title refers to both the two characters they're portraying, but also themselves, since they made such a terrible movie in real life, just like the characters did in the story.
Confusing? Not really, just watch the movie, you'll see what I mean. Great no-brainer fun...well, not that great, but watch it anyway. Just don't pay too much to see it.

Secundus: The comater will be able to compute the anti-life equation!