That is true. Oslo unlike Amsterdam is not at all flat, with many having 100-200m of height to climb on their way home if going downtown for work or shopping.
However, electric bikes are changing that equation drastically. With an e-bike those climbs are not an issue at all. So there's been a good uptick in people who ride bikes here.
Of course, e-bikes are quite expensive compared to regular bikes, but compared to owning a car they're quite cheap. So for someone living in Oslo, having an e-bike and renting a car a few times for the long trips can be a very good deal.