I haven't played Lofoten, but from what I've seen online, I have a hard time seeing how it could ranked a lot higher than Kennemer, Noordwijkse (which I know has its critics) and just one place behind Royal Hague. Maybe the "scenery" weighting accounts for 90% of the actual rating? But of course, ratings should never be taken seriously.
I was but one voice on the panel for this ranking, but I have played all of the courses you mention and, for me, Lofoten is really in a different league than Kennemer and Noordwijkse.
For the European Golf World ranking, setting makes up 15% and memorability makes up 15% of the scoring. Lofoten out scores the other two by a country mile on those metrics.
I have been to Lofoten twice, once before the eighteen hole course was completed and once not long after, with Chris Bertram who runs this ranking. I think we were two of the very first journalists to see the course.
Chris got there before I did, and had played at least one, and I think two rounds before I arrived. I asked him, before going out, what it was like to play. His first comment was that it appeared, at first, very narrow, and that in places it was quite tight, but that after you'd been round once, you started to see the places you could miss, and realise it wasn't quite as tight as it looked. After a couple of rounds, I agreed with him on that. I am no-one's idea of a straight hitter, and I didn't lose anything like so many balls as I expected to. A few, but not the dozens I had worried about.
I am not on Chris's panel, though there is an article by me in this ranking supplement (about Colt, natch...), but I will say this. I did not come away from Lofoten after that visit thinking at the forefront of my brain, 'This is one of the four best courses in Europe'. But I did come away thinking 'This is BY FAR the most spectacular place I have ever been to play golf'.
Now, if you don't value the spectacular in golf courses, but are laser-focused on architecture, that is your right, and I can see merits in your argument. But the success in rankings panels of spectacular courses, especially seaside ones, suggests you are in a very small minority.