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The arrows state that parking is permitted on both sides of the sign. When used in conjunction with ‘P’ signs, the arrows are always black on a white background. The fact that the sign referring to residents (“Boende Ö”) is also black and white is of no significance. They just happen to have the same colours.
“The panel with arrows pointing in two directions, placed horizontally or vertically, means that the indication applies to both sides of the sign. [...] If the panel is used under an E19 ‘Parking’ sign, the black symbol is on a white background with no border.” (Traffic Sign Ordinance)
There is also a driving licence book online (2022).
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