Okay okay, after some hours investigating, here are my thoughts:
- Still no idea why the audio device was missing at all at the beginning. 
Re-appeared, no problems since then.
- I2S sound is working fine in kernel 4.4.
- But the Ubuntu kernel keeps using the CONFIG_ACPI_REV_OVERRIDE_POSSIBLE 
kernel flag.
-> Audio continues to operate in HDA mode, although not necessary.
- Arch removed this flag for kernel 4.4 (https://bugs.archlinux.org/task/47710)
- Tried to recompile kernel with CONFIG_ACPI_REV_OVERRIDE_POSSIBLE=n, but ran 
out of space.
- Discovered the acpi_rev_override kernel parameter, going to test a bit now if 
this helps.

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https://bugs.launchpad.net/bugs/1551880

Title:
  [Dell XPS 13 9343] Audio broken with I2S mode in Ubuntu 16.04 kernel
  4.4 (but works with kernel 4.3)

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