These two nations are joined in Group B1 by Romania and Northern Ireland, with the four teams all vying for promotion to the top tier of the competition.
With Austria having already booked their place at Euro 2020, there is an argument that Franco Foda's outfit should be favourites to prevail in the curtain-raiser in Scandinavia.
Naturally, it will take more than the two youngsters to guide his team into a new era, but Norway now have the talismen to contribute in the final third on a frequent basis.
Although Norway could only finish in third place in their European Championship qualification group, third spot behind Spain and Sweden during a period of transition was a solid achievement for Lars Lagerback's outfit.
That said, the level of expectation back home has now raised considerably, putting extra pressure on this squad to deliver important results over the course of the next three months.
From Austria's perspective, their attention will still be on putting together the best possible side for their appearance at Euro 2020, the third time they have qualified for the tournament in four attempts.
Presented with a far easier group than Friday's opponents, Austria claimed the runners-up spot in their group ahead of North Macedonia, Slovenia and Israel.
The fact that they failed to score against winners Poland in their double-header highlights that Foda's side have some way to go to make the step up, particularly against improving opposition such as Norway.
Nevertheless, the absence of star man David Alaba may only encourage the remainder of this squad to take on more responsibility, aware that this is an opportunity to make forward strides without the presence of their vice-skipper.
Norway form (all competitions): WDDDWW
Austria form (all competitions): WDWWWL
Despite only being provided with two senior caps in the past, Haaland is expected to feature in the starting lineup on Friday night.
That will likely lead to Alexander Sorloth dropping down to the substitutes' bench, although Lagerback may tinker with his formation to accommodate the in-form forward and Odegaard.
Norway possible starting lineup:
Nyland; Svensson, Reginiussen, Ajer, Meling; Daehli, Berge, Odegaard, Fossum; King, Haaland
Austria possible starting lineup:
Schlager; Lainer, Dragovic, Hinteregger, Ulmer; Baumgartlinger, Schlager, Ilsanker; Baumgartner, Sabitzer, Gregoritsch
We say: Norway 2-1 Austria
All things considered, this is an evenly-matched contest which could go either way. However, despite the lack of a crowd not helping Norway's cause, we feel that the Scandinavian side have the potential to kick on over the next few years, starting with a hard-fought win on Friday.