The first track, "Du Og Meg" (Norwegian for "you and me"), discusses the manner in which lead singer Kevin Barnes and wife Nina met and courted each other.
"Voltaic Crusher/Undrum to Muted Da" is about the quickly fading love between the two, a theme present in Hissing Fauna…, particularly in "The Past Is a Grotesque Animal".
"Derailments" is a solo acoustic performance that lyrically details Kevin's deepest depression.
The EP-only track "Miss Blonde Your Papa Is Failing" refers to Kevin's daughter in the title.
In his review published by Pitchfork Media, Rob Mitchum stated that "No Conclusion" would "likely end up as one of 2007's finest musical accomplishments".