On 8 May 1972 there was a cabinet reshuffle. The Ministry of Wages and Prices was discontinued, the Ministry of Family and Consumer Affairs was restructured as the Ministry of Consumer Affairs and Administration, and the Ministry of the Environment was established.
| Portfolio | Minister | Period[1] | Party |
|---|
| Prime Minister | Trygve Bratteli | Labour |
| Minister of Foreign Affairs | Andreas Zeier Cappelen | Labour |
| Minister of Defence | Alv Fostervoll | Labour |
| Minister of Industry | Finn Lied | (leave of absence 24 September 1971 – 4 November) | Labour |
| Per Kleppe | 24 September 1971 – 4 November 1972
(acting) | Labour |
| Minister of Finance and Customs | Ragnar Christiansen | Labour |
| Minister of Wages and Prices | Olav Gjærevoll | – 8 May 1972 | Labour |
| Minister of Local Government and Labour | Odvar Nordli | Labour |
| Minister of Social Affairs | Odd Højdahl | Labour |
| Minister of Transport and Communications | Reiulf Steen | Labour |
| Minister of Trade and Shipping | Per Kleppe | Labour |
| Minister of Fisheries | Knut Hoem | – 24 January 1972 | Labour |
| Magnus Andersen | 24 January 1972 – | Labour |
| Minister of Agriculture | Thorstein Treholt | Labour |
| Ministry of the Environment | Olav Gjærevoll | 8 May 1972 – | Labour |
| Minister of Justice and Police | Oddvar Berrefjord | Labour |
Minister of Consumer Affairs and Administration
(known as Minister of Family and Consumer Affairs until 8 May 1972) | Inger Louise Valle | Labour |
| Minister of Church Affairs and Education | Bjartmar Gjerde | Labour |
| Ministry | State Secretary | Period[1] | Party |
|---|
| Office of the Prime Minister | Oluf Fuglerud | 19 March 1971 – | Labour |
| Arne Gunnar Lie | 19 March 1971 – | Labour |
| Erik Himle | 19 March 1971 – 6 July 1972 | Labour |
| Lasse Aasland | 1 September 1971 – | Labour |
| Kjell Thorbjørn Kristensen | 7 August 1972 – 30 September 1972 | Labour |
| Ministry of Foreign Affairs | Thorvald Stoltenberg | 19 March 1971 – | Labour |
| Ministry of Finance and Customs | Juul Bjerke | 19 March 1971 – | Labour |
| Ministry of Wages and Prices | Ulf Oscar Sand | 19 March 1971 – 8 May 1972 | Labour |
| Ministry of Defence | Sverre Frogner | 26 April 1971 – | Labour |
| Ministry of Industry | Arve Johnsen | 19 March 1971 – | Labour |
| Ministry of Local Government and Labour | Leif Jørgen Aune | 19 March 1971 – | Labour |
| Ministry of Social Affairs | Torbjørn Mork | 19 March 1971 – | Labour |
| Ministry of Transport and Communications | Kåre Ellingsgård | 19 March 1971 – – 22 August 1971 | Labour |
| Ministry of Trade and Shipping | Erik Andreas Ribu | 26 March 1971 – – 31 August 1972 | Labour |
| Ministry of Fisheries | Sven Olsen | 26 April 1971 – – – 24 January 1972 | Labour |
| Herlof Gjerde | 31 January 1972 – | Labour |
| Ministry of Agriculture | Hans Solberg | 19 March 1971 – | Labour |
| Ministry of the Environment | Olav Sigurd Carlsen | 15 May 1972 – | Labour |
| Ministry of Justice and Police | Elsa Rastad Bråten | 26 March 1971 – | Labour |
| Ministry of Consumer Affairs and Administration | Ulf Oscar Sand | 8 May 1972 – | Labour |
| Ministry of Church Affairs and Education | Hans Christian Ingemann Østvold | 19 April 1971 – | Labour |
1. ^1 Unless otherwise noted, the period was 17 March 1971 – 18 October 1972