there is a good on line dictionary if you don't already have it book marked http://home.online.no/~otjoerge/files/word.htm
and in a softback book is Einar Haugen Norwegian English dictionary.
Reading the old church records will be a challenge since the vicar's writing in a lot of them is a not always the best. I am just grateful that the records are available, if you need help in reading it, do like you did ASK. It is always nice when things come together and you see the dots connecting. One other thing to be aware of besides the naming pattern is that a lot of the time siblings of the parents were sponsors/godparents to the children as in the case of Peder where it seems there is a brother to his father. Not always the case but most of the time. Good luck on your continued search