Re: NS40C Low Compression
Start by re torquing head gasket to factory settings, if ok, check gasket condition by removing it from head, also check for warped cylinder head if suffered a high overheat. If ok, probably scored cylinder walls not perfect round, piston damage, stuck or worn piston rings. If severely scored, probably will need to rebore for the 0.5 mm piston kit, change all gaskets, check crankshaft upper & lower ball bearings & piston pin needle bearings for play/wear. Get a service manual to have some idea or send crank case to a machine shop to measure inside cylinder wear, for the work to be done right.
Happy Boating