The film contains no identifiable LGBTQ+ characters or themes.

No transgender characters or themes appear in the film. The narrative centers on mythological trolls awakening and clashing with humans in Norway, emphasizing adventure and monster battles without exploring gender identity.

Female characters Nora and Marion support operations against giant trolls using helicopters, ultraviolet lights, and holy-water rockets. No scenes depict them in hand-to-hand or melee combat against male human opponents. Monster fights dominate the action, resolved through technology and a troll ally's physical intervention.

The film reprises the lead roles of Nora, Andreas, and Captain Kris from the 2022 predecessor with the same actors, maintaining original genders. Antagonist trolls are original to the sequel without established prior genders, resulting in no gender swaps.

Returning characters from the 2022 Troll film, such as Nora Tidemann and Andreas Isaksen, are portrayed by the same Norwegian actors, maintaining their original racial depictions. New characters do not qualify as race swaps under the definition.