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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:label="loc_ifrs-full_CashFlowsFromUsedInFinancingActivities" />
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    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:label="loc_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" />
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    <link:loc xlink:type="locator" xlink:href="2138006BSHJVCD9SR489-2021-12-31.xsd#Fjordkraft_AdjustmentsForAmortisationOfCostToObtainContracts" xlink:label="loc_Fjordkraft_AdjustmentsForAmortisationOfCostToObtainContracts" />
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    <link:loc xlink:type="locator" xlink:href="2138006BSHJVCD9SR489-2021-12-31.xsd#Fjordkraft_AdjustmentsForInterestExpenseLeaseLiability" xlink:label="loc_Fjordkraft_AdjustmentsForInterestExpenseLeaseLiability" />
    <link:label xlink:type="resource" xlink:label="label_Fjordkraft_AdjustmentsForInterestExpenseLeaseLiability" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments for interest expense lease liability</link:label>
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    <link:loc xlink:type="locator" xlink:href="2138006BSHJVCD9SR489-2021-12-31.xsd#Fjordkraft_AdjustmentsForInterestExpenseExcludingLease" xlink:label="loc_Fjordkraft_AdjustmentsForInterestExpenseExcludingLease" />
    <link:label xlink:type="resource" xlink:label="label_Fjordkraft_AdjustmentsForInterestExpenseExcludingLease" xml:lang="en" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments for interest expense (excluding lease)</link:label>
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    <link:loc xlink:type="locator" xlink:href="2138006BSHJVCD9SR489-2021-12-31.xsd#Fjordkraft_AdjustmentsForPaymentsToObtainAContract" xlink:label="loc_Fjordkraft_AdjustmentsForPaymentsToObtainAContract" />
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