Foldable utility knife

A utility knife comprising a handle and a blade holder, said blade holder being pivotally mounted on said handle for movement from an unfolded position to a folded position, said handle having a space adapted to receive at least a portion of said blade holder when the blade holder is in its folded position, said blade holder having means for holding a blade thereon and a finger support mounted on said blade holder, said handle having a side wall, said blade storage compartment comprises a pair of opposed inner and outer walls, a bottom wall and an open top, said inner wall being mounted to said side wall in spaced relation to side wall to create said space, said inner wall and said side wall being substantially equal to each other in length, height and configuration, a cover mounted on said blade storage compartment to overlie and close said open top, said cover being movable relative to said inner wall and to said side wall from a closed position closing the open top to an open position opening the open top.