They were pretty common in Germany and were put out by several makers; stores sold them as a camping hatchets.
It is pretty small, has an obtuse bevel, and a thick bit. Maybe so that young boy scouts won't hurt themselves. Not really useful for anything, but it has a nail-puller and a screwdriver.
I Googled around a bit trying to find more information on the maker and this item in particular but had no luck. Any hints on where to get more info?
Found some recent stuff by this company but thats it. Anyway, I'm asking about this axe because it looks like I picked up one of these as part of a blade lot off Ebay:
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