The word 'lol' existed in Dutch long before the internet.
What does it mean? 'Fun'.
Here, have some lol:
Now I'm terribly curious what exactly a 'swedish dance band' sounds like. Which reminds me: I intend to get together some links of 'traditional' Dutch music to bleed your eardrums with. In the meantime, think 'beer barrel polka' and you're almost there.