You can consider as many dimensions as you want. As I mentioned, for some time we had three papers regularly delivered, for additional perspective.
However typically, a single dimension is a useful first-order approximation[1], and so that's what's done in politics as well. As with all approximations, sometimes it works well and other times it does not.
Seems like Norway has also many constituencies which can favor dominant parties. However unlike US you have also leveling seats which balances it a bit.