Stockholm’s Studio Barnhus label tends to linger at the intersection of mischievous and wistful: See, for instance, Axel Boman’s misty-eyed tribute to ABBA, or HNNY’s hypnotic edit of Mariah Carey’s “I Want to Know What Love Is.” The Swedish producer Bella Boo’s new EP for the imprint maintains a similar sense of balance, divided between wonky house and more contemplative, downbeat fare. “Magnolia,” the centerpiece of the record, might be the flat-out dreamiest thing to come from the label yet.

The voluminous kick drum and booming toms are red herrings: Despite the ample low end and crisply swinging groove, the track offers a vision of ambient house at its most ethereal. Silvery pings flit with ghostly motion around the edges of the track, and wispy chords drift like cirrocumulus formations, while the spoken-word interlude brings to mind the Orb’s ambient-house classic “Little Fluffy Clouds.” Likewise, the monologue isn’t afraid to invoke the sublime; in what sounds like a television interview, an unidentified woman quietly rhapsodizes in a sing-song brogue about the spiritual side of rave: hands reaching to the skies, beatific smiles on people’s faces, all of it like something out of a biblical epic. “I’m not religious, but it’s quite divine,” she concludes, and the way the beat kicks back in at that very moment is enough to make a believer out of anybody.