The organization was founded by Birger Furugård and his two brothers Sigurd and Gunnar, at a meeting in Älvdalen 12 August 1924. The group started the publication Nationalsocialisten, with Sigurd as its editor.
The following year the organization was renamed the Swedish National Socialist Peasants and Workers Party (Svenska Nationalsocialistiska Bonde- och Arbetarpartiet). The party largely remained confined to Värmland. The publication of Nationalsocialisten was discontinued.