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I have a chair very similar to yours and on the underside it's stamped "Baumritters", my chair rocks slightly though in the seat, almost like one of those kid's jumping horses .

Baumritters was taken over By Ethan Allen sometime in the last century, pre 1940 I think, I'm not sure on that,

Can't help with the first question, but as for the second, language is luscious!

I have a very similar chair, but it has thick rubbery cords to support the seat cushion, rather than straps. It was one of a pair; my husband's grandmother had both for ever and I got one of them when she downsized. With cushions is is exceptionally comfortable--the angle of the back is just right, and the armrests are angled properly to be really comfy. Definitely worth it, especially since it's a pretty simple project--I actually have two cast-off IKEA sofa cushions on mine and they fit great.

We have the exact same chair but don't know the origin. I will take a look at the underside when I get home to see if there is any info. I think they are great pieces, but I guess I am a little biased.

These are quite typical of mid-century Danish chairs and sofas, and are likely made of teak. Most examples of this style of furniture are not particularly monetarily valuable unless they are signed by (for example) Hans Wegner for Getama, etc.

However, if you like the style (I certainly do, and they are very comfortable!) and were lucky enough to get this set for a good price, I would absolutely have new cushions and webbing made for them. It will be a much cheaper job than upholstering a standard sofa, as the cushions are loose and have no tufting, etc. The cushions should be simple and thin (here's a good example).

I pick up quite a few of these at my local Salvation Army for about 20.00. None of them have been the same, and none of them have had any attribution. I usually end up selling them via craigslist for about 150.00 and have never had anyone haggle over the price. A sofa like yours, though? That would be the Holy Grail of furniture finds for me.