Olav Rustad (left) and Lauritz Schibbye. According to the source, this picture is from an international competition arranged by Ørnulf IF in athletics in Oslo on 16 and 17 September 1916.  Rustad represented Studenternes I.K. (Students Sports Club) and had set two Norwegian records, first 10,7 seconds at 100 meter and then 22,4 at 200 meters. Schibbye has same logo (same team), but have no idea what he did. He was mostly into long jump, triple jump and fast jump.
Unknown photographer
<a rel="nofollow" class="external autonumber" href="https://www.nb.no/items/9891e2ab72aa34dda51cd8922092e79f?page=153">[1]</a> (Norsk fri-idretts historie )