Askman Furniture was founded in 1913 by Carl Alfred Askman, grandfather of the present-day owner Peter Askman. During the early years the company produced mainly wooden toys, handles, and other milled articles for the domestic market.

Svend Oluf Askman, the son of the founder, took over the company in 1945. Production was expanded to include high-quality gift items like pepper mills, salad bowls and cutting boards. Designed by well-known Danish architects like Kaj Bojesen, Jens Quistgaard and Erik Magnussen these gift items marked the beginning of exports for Askman Furniture.

In 1970 Peter Askman became the third-generation owner. Only 26 years old at the time, Peter Askman set out to maintain the traditions and craftsmanship that his family had installed at Askman Furniture. Looking at the company today, it is obvious that he has successfully completed that objective. The company now produces furniture in addition to the gift items, and the products are designed and developed in cooperation with some of the best and most well-known Danish architects.