An axe-saw comprises a metal axe head with a blade-shaped front and a back, an elongated handle fitted with a grip at one end, the handle and grip having a continuous groove, a saw blade arranged in the groove with a pivot to the grip at its outer end, a stop to limit the outward movement of the saw blade in the grip groove, and a means for securing the blade in both its working and nonworking positions. The saw blade is completely immersed in a continuous groove, and the saw blade pivot axis is located on the opposite side of the blade with a lock at the free end of the saw blade. The extended handle has a cutout for easy access to the saw blade when it is folded. The back of the axe head is shaped like a blade with a sharpened edge. A sling is located between the handle and the back of the axe head, and the axe head has a cutout that forms a handle for holding when working in saw mode. In this case, the axe head, sling and extended handle are made as one piece