Damcykel ”Frej” by Swedish manufacturer, Kronan. I love the details like the star in the chainwheel, the chainguard, and the ornament on the fender. I also like the little bag on the seat post that looks like it might hold a spare tube and repair kit. This must have been the deluxe ladies model for sure.
From Vanguard Designs: "Laurent is a sleek velocipede that has been fully re-conditioned from a Panasonic road bike from the 1970s. With a full overhaul while maintaining its original chrome work, Laurent now runs on an upgraded Shimano 600 gearing system, Delta Cruiser tyres, our very own Porteur inspired handlebar as well as a front carrier rack!"