Over-simple analysis
That's a little too simplistic.
From memory, Norway has interconnectors with the UK, Germany, Denmark and Sweden (there are others*), and power flows either way, depending on pricing. For example, the interconnect with the UK has been sending about a Gigawatt of power to the UK for most of the past month, with occasional periods of it going the other way when it's been very windy in the UK. Similarly, power goes each way to and from Denmark - the Norwegian reservoirs are right now at the same fill-level as the average for the last 20 years**, as a wet autumn has made up for a dry summer - so the power flow is determined by the price. If it is windy in Denmark when not so windy in Norway, power will go from Denmark to Norway, because excess wind-generated power is remarkably cheap; sometimes even negative in price. Norway often tops up with (partially nuclear generated***) power from Sweden, but recently, there's been significant export of power from the north of Norway to Sweden because of an annual event, which is the freezing over of the northern Swedish rivers. While the freezing goes on, they have to decrease hydro-electric production until a thick-enough layer of ice has formed, after which they can continue to abstract water from under the ice to generate power at full rate.
The main conclusion is that power flows are complicated****, driven by price, and Norway has adequate hydro-electric reserves for the winter. The power companies are making a vast amount of money because market the price is driven up by problems elsewhere in the region covered by the market. Hydro is reliable and quickly dispatchable, so commands a price-premium to fill in the gaps when the wind doesn't blow and the sun doesn't shine, so it makes a huge amount of sense for the power companies to preserve their stocks and import cheaper electricity from elsewhere and fill in the gaps with hydro as necessary, getting a high price when they do.
The interconnectors also enable odd things, like Sweden providing power to the UK, even though there is no direct connection: power goes into Norway from Sweden at the same time as power goes from Norway to the UK - the balance can net out to zero for Norway, so the net effect is export from Sweden to the UK: so if you look at a single interconnector, you can get an incorrect view of what it actually going on. The same can go on with other interconnects. I expect similar things happen with the UK interconnects.*****
The interconnectors are unpopular with the Norwegian public, as they are seen as enabling the power companies to make vast amounts of money selling Norwegian electricity to other countries at high prices to cover gaps in the other countries' generating capacity: this translates into the Norwegian consumers having to pay the same high prices for their electricity as the foreign customers, which comes as a shock, as historically, electricity prices in Norway have been low compared to other places.
* 9 to/from Sweden totalling roughly 3200-3600 MW, 1 by 50 MW from Russia, 1 by 70-120 MW to/from Finland, 4 to Denmark totalling 1632 MW, 1 by 700 MW to/from the Netherlands, 1 by 1400 MW to/from Germany, 1 by 1400 MW to/from the UK.
**Norwegian Water Resources and Energy Directorate (NVE): Reservoir statistics
***The Swedish Ringhals 4 plant had a mishap under maintenance last year, and repairs take a while so it is not expected to restart until 23rd February. Not a good time to lose it.
****Nord Pool Market Data and Norway's Statnett
*****Gridwatch: Interconnectors