No, sorry, the built in OD support doesn't work for Sweden.
From Kobo's page on the Aura One...
Quote:
Get connected to your local public library right from your Kobo Aura ONE with built-in OverDrive.* Set-up is easy and free, all you need is your library card. With one integrated catalogue, Kobo and your Local Library make it easy to search for the eBook you want and choose to borrow or buy, it’s that simple.
*Dependent on library participation, available throughout most public libraries in Canada, the United States, the United Kingdom, Australia and New Zealand. eBook availability will vary based on library.
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You can of course still sideload library books.
If you're trying to use a library from one of those countries it's possible (not sure) that changing the affiliate might help.