You have not thought this through. Here's why.
If the Nords sounded scandinavian you would have two possible outcomes:
1. They speak english but in a heavy scandinavian accent. That would sound absolutely awful, it would be ridiculed by every scandinavian player I can assure you fo that, Norwegian people speaking bad english sounds beyond ridiculous, trust me.
2. They would speak Norwegian, Swedish or Danish (Altthough Norwegian would be most likely I think and also fit best, call me biased, that's my opinion.) and thus either the subtitles wouldn't match or the vast majority of players wouldn't have a damn clue what was being said.
Either option is bad. Nords are based on Scandinavian culture yes, but they are not Norwegian, not Swedish and not Danish. They are Nords.
The same applies to Orcs.
Imperials by the way are heavily based on Roman culture, would you prefer that they all speak italian?
Nynorsk under tvil, men tror islandsk ligger n?rmest ...
In case of option number 2 I think icelandic would fit a Nord best.
Edit: Thinking of this I think an icelandic accent of english could sound pretty bad ass if you got the right people to do it.