Got my little set complete (knife+flashlight) and made a small carry pouch for them.
This tiny set will go to work with me, I mostly cut open a package or maybe a box or two so the small knife will be just fine in this very small and light combo. 
The knife is a Sanremu A123 and the flashlight a Thrunite Ti Ti3.

CRKT Swindle for size comparison

They are almost the same size (lenght wise)

They now have small leather lanyards for easy extraction

The set in pouch is just 60 grams or 2.1 ounces and bends so it carries very nicely.
It also smells great.