Ok according to wiki Sweden didnt have alot of sefdom and by 1335 it was abolished. Also peasantry was largely a class of free farmers. So how a hell was nobility, king and other elements of the state financing themself?

This is the text;

Well, they did have nobles and large estates.

It was stated in the Decree of Alsnö that magnates who could afford to contribute a mounted soldier to the cavalry were to be exempted from tax – at least from ordinary taxes – just as the clergy already had been. The archaic Swedish term for nobility, frälse, also included the clergy with respect to their exemption from tax. Generally, the nobility grew from wealthier or more powerful members of the peasantry, those who were capable of assigning work or wealth to provide the requisite cavalrymen.
Soon it was agreed that the king should govern the realm in cooperation with a Privy Council (or Royal Council), in which the bishops and the most distinguished magnates (i.e. the most prominent contributors to the army) participated. When critical decisions were necessary, the whole frälse was summoned to the diets.

Swedish peasant was typically a freeholder who owned and controlled his small plot of land. There was no serfdom in which peasants were permanently attached to specific lands, and were ruled by the owners of that land. In and Sweden the peasants formed one of the four estates and were represented in the parliament. Outside the political sphere, however, the peasants were considered at the bottom of the social order—just above vagabonds. The upper classes looked down on them as excessively prone to drunkenness and laziness, as clannish and untrustworthy, and especially as lacking honor and a sense of national spirit.


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