There's no depression going down to a mere 200m here, if there were it would be filled by water.
Please compare the same area with the map on https://kso.etjanster.lantmateriet.se/
which is correct.
And yes I have found that your elevationmap is based on the same dataset as ArcGIS.
Now that its based on satellite data, there's probably a Mascon in this area that have given this odd result of a non existent mountain and an equally not existent depression in the west.