The present invention relates to a toaster (1) comprising a number of side panels (2), each provided with a number of heating elements (14), a number of end panels (3, 4) and a base part (5), where the side panels (2) and the end panels (3, 4) are connected to the base part (5), wherein each of the side panels (2) at a lower edge part is pivotally hinged to the base part (5) and adapted to be unfolded and folded between vertical and horizontal positions of use, respectively.