Party report by Mystyx/Axenon can be found here (originally published in Scandinavian News 5), and actual information from co-organizer Snacky/Genesis Project here. A party report was published in Cracker Journal 10 (november 1988).
Another party report can be found in Smasher #1, which reveals that some compo must have been held after all: "Thrust programed there [sic] demo on the party, and it got the best. Also on the C-64 was some Hacking going on. Frontline 1842 made the 1st place with there Demo, the[y] also made with Shining 8 a Cooperation Demo." However, TNT/G*P stated in Smasher #2 that contrary to that info, there was no demo competition because the organisers were too tired to arrange it.