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Knowledge of hydrological processes and water balance elements are important for climate adaptive water management as well as for introducing mitigation measures aiming to improve surface water quality. Mathematical models have the potential to estimate changes in hydrological processes under changing climatic or land use conditions. These models, indeed, need careful calibration and testing before being applied in decision making. The aim of this study was to compare the capability of five different hydrological models to predict the runoff and the soil water balance elements of a small catchment in Norway. The models were harmonised and calibrated against the same data set. In overall, a good agreement between the measured and simulated runoff was obtained for the different models when integrating the results over a week or longer periods. Model simulations indicate that forest appears to be very important for the water balance in the catchment, and that there is a lack of information on land use specific water balance elements. We concluded that joint application of hydrological models serves as a good background for ensemble modelling of water transport processes within a catchment and can highlight the uncertainty of models forecast.