@StarTech My suspicions is the model is a 111P02-0113-F1. that model has the camshaft with the plastic gear. So there is the possibility of a slipped gear or slipped teeth or broken teeth.
I would pull the valve cover back off and also pull the spark plug. Then either find something to indicate the piston position or shine a light down the spark plug hole and while turning the crank what the valves. What you are looking for is the relationship between the piston position with the valves. Like exhaust valve open with the piston half way down the cylinder.
The idea is to find if the piston and the valves appear to be timed correctly without having to tear down the engine. And with a compression release mechanism on the camshaft feel of compression may not be accurate. Worked on a generator a few years back that had 5% leakdown when tested with a leakdown gauge, but only showed 5 psi of compression.